What Happened?

The latest round of fighting between the United States and Iran escalated with both sides launching increasing missile and drone attacks on each other. In the past two days, Iran launched missiles and drones toward American military facilities and allied countries across the Persian Gulf, hitting targets in Bahrain, Kuwait, and Jordan.

The United States answered with several waves of air and naval strikes against Iranian coastal defenses, radar installations, missile launch sites, drone facilities, and vessels associated with the Islamic Revolutionary Guard Corps. U.S. Central Command said American military forces struck one hundred and forty Iranian targets over the weekend.

Why it Matters

The Strait of Hormuz has emerged as the key point of contention between the U.S. and Iran, and the strategic waterway has also become the flashpoint for continuing hostilities. While U.S. President Donald Trump declared that the strait was open, continued fighting between Iranian and American military forces has brought commercial shipping traffic to a halt. Global oil prices increased while negotiations between American and Iranian representatives showed little signs they could bring the war to a close…

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The immediate confrontation began after Iranian forces attacked a Cyprus-flagged commercial ship that Tehran said had entered the Strait of Hormuz without authorization. Iran then declared the strait closed and demanded that vessels follow routes approved by a newly established Iranian authority. Washington rejected Iran’s claim of control and launched attacks it says are intended to protect freedom of navigation.

Iran targeted American military facilities in Bahrain, Kuwait, Jordan, Qatar, and the United Arab Emirates. Kuwait intercepted incoming missiles and drones, while Qatar temporarily raised its security-alert level. Bahrain, which hosts the U.S. Navy’s Fifth Fleet, faced renewed threats to military infrastructure. Jordan was affected because it hosts American forces and plays an important role in regional air defense. Oman, a nation with friendly relations towards Iran, has also found itself caught in the crossfire.

Negotiations between the United States and Iran are continuing, but their status is extremely uncertain. There appears to be a growing chasm between the Iranian officials conducting negotiations and the leadership in the Iranian Revolutionary Guard Corps, or IRGC. Because the IRGC reports directly to the Supreme Leader, they are not bound by any agreements the Supreme Leader does not personally approve. While Iran’s civilian government is trying to find a way to end the war, the IRGC appears intent on continuing it.

Initial assessments by the Trump Administration that the IRGC had been incapacitated now appear to have been incorrect. The exact number of forces in the IRGC is unknown, but it is likely in the hundreds of thousands, and they have hundreds of installations across Iran. The IRGC has retained the ability to launch significant missile and drone attacks, as evidenced by the strikes they carried out this weekend.

How it Affects You

The Iranians have made it clear they do not trust the Trump Administration, and that they never considered the Memorandum of Understanding to be valid. President Trump has also suggested he doesn’t trust the Iranians at all, leaving the two sides with no clear path towards finding a way to bring the war to a close. With no willingness to compromise or trust the other side, sporadic outbursts of fighting are likely to continue.

*Disclaimer: Energy Exploration Technologies, Inc. (“we”, “us”, “our”, and “EnergyX” is conducting an offering of securities pursuant to Regulation A of the Securities Act of 1933, as amended. An offering statement covering this offering has been qualified by the U.S. Securities and Exchange Commission (the “SEC”). Neither this communication nor any of its content constitutes an offer to sell, solicitation of an offer to buy or a recommendation for any of our securities by our company or any third party. Offers and sales of the securities are being made solely by means of the qualified offering circular. Investing in our securities involves significant risks. Before investing, you should consult with your financial advisor, accountant, and/or attorney legal, and carefully review the qualified offering circular (including the “Risk Factors” section) and any offering circular supplements.

The most recent qualified offering circular is available at https://www.sec.gov/Archives/edgar/data/1830166/000149315226017123/form253g2.htm. The most recent qualified offering circular and any supplements can also be found on the SEC’s EDGAR filing database, available at www.sec.gov/edgar/search/. Prospective investors should note that neither the SEC nor any federal or state securities commission or regulatory authority has approved or recommended our securities or determined that our offering circular is truthful or complete. Any representation to the contrary is unlawful. We are not a broker-dealer or investment adviser registered under the Securities Exchange Act of 1934 or the Investment Advisers Act of 1940. No communication made by us or any of our affiliates, through this communication or any other medium, should be construed as a recommendation to purchase, sell, or hold any securities, or as investment, tax, financial, accounting, legal, regulatory, or compliance advice. Neither this communication nor any of its content constitutes an offer to sell, solicitation of an offer to buy or a recommendation for any of our securities by our company or any third party. The content presented here is provided for general information purposes only and is not intended to solicit the purchase of securities or to be used as investment, legal or tax advice. Statement Regarding Forward-Looking Statements The information presented herein may include forward-looking statements, estimates, or projections regarding our anticipated future performance. If present, these statements are subject to risks, uncertainties, and assumptions. In some cases, you can identify these statements by forward-looking words such as “may”, “might”, “will”, “should”, “expect”, “plan”, “anticipate”, “believe”, “estimate”, “predict”, “potential”, “future” or “continue”, the negative of these terms, and other comparable terminology. Such forward-looking statements are based on current plans, estimates and expectations and are made pursuant to the Private Securities Litigation Reform Act of 1995. These statements, estimates and projections, if any, are based upon various assumptions made concerning our anticipated results and industry trends, which may or may not occur. We are not making any representations as to the accuracy of any such forward-looking statements, estimates or projections. Our actual performance may be materially different from any such statements, estimates or projections. We are under no duty to update any of these forward-looking statements to conform them to actual results or revised expectations.

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