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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22 ESCAPE DEATH IN LAGOS-IBADAN HIGHWAY CRASH. (PHOTO).

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 22 escape death in Lagos-Ibadan highway crash


No fewer than 22 persons narrowly escaped death in an auto crash in front of the Mountain Top University, Kara Ibafo area of the Lagos-Ibadan Expressway in Ogun State.

The spokesperson for the Federal Road Safety Commission in the state, Florence Okpe, who confirmed the crash to our correspondent on Sunday, said the accident involved 17 males and five females.

Okpe added that the accidents occurred between two vehicles: a Toyota Highlander with registration number KSF 461DM, and an 18-seater bus marked AAA 859 XM.

She said the cause of the accident was a loss of control on the part of the Toyota Highlander’s driver, causing it to crash into the fully loaded bus.

The FRSC spokesperson added that nine individuals who sustained varying degrees of injury have been taken to AZ Zonecare Hospital in the Magboro area of the state.

However, Okpe appealed to motorists to always maintain a controllable speed to guard against negative occurrences.

“Apart from conducting routine checks every morning and whenever your car is about to move, always maintain a controllable speed in case of any eventuality.

“The nine injured persons in the accident comprising 17 males and five females, have all been taken to AZ Zonecare Hospital in the Magboro area of the state.”

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