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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UDOM EMMANUEL IS A CHAMPION,WE WANT HIM IN APC- LAWAN.(PHOTO).

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Senate President Ahmed Lawan has expressed the desire of the All Progressives Congress (APC) for Governor Udom Emmanuel of Akwa Ibom to join the ruling party in no distant time.


He said that there is no shame in asking since it is a gesture that would bring development, unity and progress in the country as the governor concerned would be a quality addition to the party.


The Senate President, who stated this on Saturday in Uyo, Akwa Ibom State capital during Senator Bassey Akpan’s thanksgiving service and inauguration of sports facility, said although Emmanuel belongs to the Peoples Democratic Party, PDP, the APC would not be ashamed to ask him to join it because he is a champion.

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