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...

I'LL RETIRE TO BECOME SECONDARY SCHOOL TEACHER TO INSPIRE STUDENTS- PETER OBI. (PHOTO).


 

Former Anambra State governor and presidential candidate of Labour Party in 2023, Mr Peter Obi on Friday said he plans to retire to his hometown of Onitsha, where he'll take on a new role as a secondary school teacher, aiming to inspire and make a positive impact on the younger generation.


Obi said this while teaching final year students at Dennis Memorial Grammar School in Onitsha, to mark the International Day of Education.

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