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...
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BRITISH PRIME MINISTER ''MAY'' VISITED DONALD TRUMP AT THE WHITE HOUSE TODAY.{PHOTOS}.

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Related image                   According to source,British Prime Minister Theresa May visited President Donald Trump at the White House today to strengthening of the US-UK ties,trade and foreign affairs are likely to be high on the agenda.Although according to BBC,who reported few minutes ago that the UK cannot begin to negotiate trade deals until it leaves the EU,Mr Trump has said he wants a ''quick'' deal after that.Chancellor Philip Hammond stressed the UK would abide by EU rules on trade talks,when he arrived in Brussels for talks on friday.''Of course we want to strengthen our trade ties with the very many partners we have around the world but we are very mindful of our obligations under the treaty and we will follow them precisely,'' he said.Mrs May laid a wreath at the Tomb of the unknowns at Arligton National Cemetery ahead of her talks with President Trump.More photos below.
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