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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ABURE, LP FACTIONAL CHAIRMAN, VISITS WIKE IN ABUJA. (PHOTOS).

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 Abure, LP factional chairman, visits Wike in Abuja


Nyesom Wike, minister of the federal capital territory (FCT).


The meeting took place at Wike’s residence in Abuja, the nation’s capital.


The purpose or agenda of the meeting is not known, but it is coming days after the Abure-led faction asked Peter Obi, the LP presidential candidate in the 2023 election, to quit the party for joining the African Democratic Congress (ADC) coalition.


Wike, a member of the Peoples Democratic Party (PDP) and minister under the ruling All Progressives Congress (APC), is blamed by his party members for being the ‘mastermind’ of the crisis rocking the opposition party.

More photos below. 



Comments

  1. Anonymous14 July 2025 at 23:10

    Is Nyesom Wike a real member of PDP???.

    ReplyDelete

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