GERMANY AND AUSTRIA TO TAP OIL RESERVES AFTER 400 MILLION BARRELS REQUESTED. (PHOTO).

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 Germany and Austria to tap oil reserves after 400 million barrels requested  Germany and Austria announced they are releasing portions of their oil reserves in response to an International Energy Agency request for member nations to collectively release 400 million barrels to help ease rising energy prices linked to the Iran conflict. Japan also said it will begin releasing part of its reserves starting Monday. The move marks one of the largest coordinated releases of emergency oil stocks in history. The previous record came in 2022, when IEA members released 182.7 million barrels following the energy disruptions caused by Russia’s invasion of Ukraine. Member countries currently hold over 1.2 billion barrels of public emergency oil stocks, along with an additional 600 million barrels of industry stocks maintained under government requirements. The release comes amid heightened tensions in the Persian Gulf, where Iran has targeted commercial ships and disrupted shipping throug...

TERRORISTS,TARGET SHERATON HOTELS.

             According to a national news paper,the US Consulate General in Lagos,sent an email saying ''There was no further information regarding which of the two Sheraton Hotels in Lagos was the possible target,or if both of the Sheraton Hotels are possible targets.There is no further information regarding the timing or method of attack.US citizens are cautioned to avoid these hotels at this time.The warning comes a day after a car bom exploded in Nigeria on the 1st of May 2014.

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