China Southern Airlines resumes Guangzhou

China Southern Airlines plans to raise $148.8mn via a bond issue, relaunched after cancellation in August. The bond has a 238-day term, 1.3%-1.6% interest rate, and matures April 30, 2027. The airline previously aimed to raise up to $818.6mn in August.

U.S. LNG stocks rose after Iran's attack on Qatar's key LNG hub, with NextDecade (NEXT) up 16%, Venture Global (VG) up 14.5%, and Cheniere Energy (LNG) up 6%. Qatar, a top LNG exporter, reported extensive damage, potentially shifting demand to U.S. exporters. NEXT and VG saw high trading volumes, while VG secured $8.6B in project financing.

CEVA Logistics, a subsidiary of CMA CGM Group, partnered with a Chinese firm blacklisted by the US. The company was involved in shipping F-35 parts, some of which were reportedly diverted to Hong Kong. CMA CGM generates about 33% of its revenue from China and has a strategic agreement with China Communications Construction Company (CCCC), which is on the US Entity List.

The U.S. approved $24.3B arms sale to Saudi Arabia for 48 F-35 jets, with Congress having 30 days to object. Separately, a $2.8B sale to Israel includes bombs, funded by U.S. taxpayers. Iran reports missing $11B from oil sales. Citgo's creditor-protection license extended; Amber Energy's $8B bid for PDV Holding awaits OFAC approval. Continental Resources enters Venezuela's Ayacucho 2 block. Shell may approve LNG Canada's second phase, doubling capacity. OMV's Essar oil discovery in Libya deemed

President Trump approved a $2.8 billion sale of heavy bombs to Israel, including 40,000 one-ton bombs, 20,000 2,000 lb. bombs, and 20,000 bunker-busting warheads. The weapons will replenish Israel's stockpile, which has been used in Gaza, the West Bank, and Lebanon. Human rights groups have condemned the use of these bombs, citing their impact on civilians and infrastructure. The sale involves U.S. defense contractors Boeing, Lockheed Martin, RTX, General Dynamics, and Northrup Grumman.

Yemen's Houthis captured the Red Sea port of Mocha, threatening the Bab al-Mandeb Strait, a key oil route. Brent crude surged to $108, WTI to $103. Qatar is negotiating long-term LNG purchases from U.S. suppliers. Holtec aims for a $10.2B valuation in a Nasdaq IPO. Tamarack and Headwater agreed to a $10B merger. Enbridge to buy Tallgrass Energy’s crude business for $2.55B. NABEP plans to boost Venezuelan oil production to 500,000 bpd by 2028. TotalEnergies to bring Acacia-5 discovery in Angola i