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...

UNKNOWN GUNMEN ATTACKED & KIDNAPPED SOME RESIDENTS OF LEKKI GARDENS ESTATE YESTERDAY.{PHOTOS}.

Image result for lekki gardens estate                               According to sources,Some gunmen yesterday saturday attacked Lekki Gardens Estate,in the Isheri area of Lagos State and kidnapped four residents.The assailants entered into the community through the waterways around 8am and first shot sporadically into the air and the gang whisked away their victims in a speedboat.It was gathered that the residents were on an early morning jogging exercise when they were taken away.A community leader,who spoke on condition of anonymity,said the suspected militants had actually taken nine hostages,adding that only four were taken away because the boat could not take all the victims.He said ''The incident happened around 8am.The gunmen were between eight and 10 in number.They came in a speedboat and shot into the air for about five minutes.They kidnapped nine people and put them in their operational boat.But when they saw that the boat could not take all of them,they decided to go with only four.The operatives of the Rapid Response Squad were alerted and they responded to the situation.As I speak with you,the landlords are deliberating on the incident''.He explained that as of 8pm on Saturday,the families of the victims had yet to be contacted for ransom.A police source said policemen from the Lagos and Ogun states division visited the scene,adding that efforts were on to ensure the release of the victims.The police from Ogun and Lagos states were there to assess the situation because that place is a boundary area between the two states,' he said.The acting spokesperson for the Ogun State Police Command,Mr Abimbola Oyeyemi,confirmed the incident,but said the area was under the jurisdiction of the Lagos command.He explained that the Ogun police only supported with some of it operatives.
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