Group 1: BHP Group Limited - BHP Group Limited reported a strong first-half underlying profit of $6.20 billion and a net income of $5.64 billion, maintaining its full-year output guidance and declaring an interim dividend of $0.73 per share, supported by an EBITDA of $15.46 billion [2][13] - BHP announced a significant $4.3 billion silver streaming deal with Wheaton Precious Metals Corp., providing a substantial capital injection as the company optimizes its global portfolio [3][13] Group 2: Woodside Energy Group Ltd - Woodside Energy Group Ltd reported its annual reserves statement, confirming a resilient resource base with 1,882.1 million barrels of oil equivalent (MMboe) in proved reserves and 2,999.5 MMboe in proved plus probable reserves as of year-end 2025 [4][13] - The company has 5,795.7 MMboe in contingent resources, indicating a strong pipeline for future development, focusing on maximizing value from its Australian and international assets, including the Sangomar and Scarborough projects [5] Group 3: Economic and Geopolitical Context - New Zealand experienced a sharp 2.5% month-on-month increase in food prices for January, marking the largest monthly increase since 2022, driven by rising costs for groceries and produce, indicating persistent inflationary pressure [10][11][13] - The US is intensifying military pressure on Iran by deploying a second aircraft carrier strike group ahead of critical diplomatic negotiations, with markets closely monitoring the situation for potential impacts on global oil supply and regional stability [6][7][13]