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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MOHBAD'S WIFE SERVES FATHER-IN-LAW PRE-ACTION NOTICE OVER ALLEGED DEFAMATION, LIBELOUS PUBLICATIONS;; DEMANDS APOLOGY. (PHOTO).

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 Mohbad’s Wife Serves Father-In-Law Pre-Action Notice Over Alleged Defamation, Libelous Publications; Demands Apology


The pre-action notice demands an apology from Joseph Aloba for defamation, offensive and libellous social media and newspaper posts and publications against her.


“Having said that, we hereby demand for a public apology to be published on all your social media profiles within seven days of the receipt or delivery of this letter.”

The letter said, “If, however, you fail, refuse or neglect to hearken to this subtle demand, we will be left with no choice than to commence legal proceedings against you to assert our client's rights and claim 50 million naira damages in that respect.

“This letter serves as a pre-action notice to you in respect of the matter in question and you are advised, in your own interest, to allow wise counsel to prevail.”

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