MY DECISION TO WITHDRAW FROM THE RIVERS STATE GUBERNATORIAL PRIMARIES- GOV. FUBARA. (PHOTO). #PRESS RELEASE.

Image
 GOVERNMENT OF RIVERS STATE   PRESS STATEMENT  MY DECISION TO WITHDRAW FROM THE RIVERS  STATE  GUBERNATORIAL PRIMARIES  Fellow Rivers People, After deep reflection and extensive consultations with my family, friends, and associates, I have taken the difficult but necessary decision to withdraw from the APC gubernatorial primaries. I do so with a full heart and with a firm commitment to support whoever emerges as the candidate of our great party. Leadership is ultimately about sacrifice. There comes a time when personal ambition must yield to the greater good of the people. Rivers State is bigger than any individual, and at this critical moment, the peace, stability, and unity of our dear state must take precedence over every personal interest. To my supporters who stood firmly with me throughout this journey who gave their time, resources, prayers, and unwavering hope, I offer my deepest gratitude. I understand the disappointment, the anger, and the pa...

U.S CONSIDERS EASING IRANIAN OIL SANCTIONS TO CONTROL PRICES. (PHOTO).


 U.S considers easing Iranian oil sanctions to control prices

The White House is weighing the possibility of lifting sanctions on Iranian oil already at sea to help stabilize global oil prices, Treasury Secretary Scott Bessent said Thursday. The move would be aimed at easing the recent spike in Brent crude, which jumped 10% in just 24 hours and is now trading around $111 per barrel—nearly 60% higher than pre-war levels.

Bessent explained that unsanctioning Iranian barrels could add roughly 140 million barrels to the market, equivalent to 10 to 14 days of supply, using the oil itself to help contain prices. The administration has relied on a variety of measures to manage costs in recent weeks, including promising tanker escorts through the Strait of Hormuz, waiving the Jones Act, and temporarily lifting sanctions on Russian oil. Experts say easing Iranian sanctions in the middle of a conflict would be unprecedented, reflecting the pressure on the U.S. to offset the economic ripple effects of the war and stabilize the market.


Comments

Popular posts from this blog

SHAKIRA COVERS WOMEN'S HEALTH MAGAZINE,APRIL ISSUE.

THE NEW OONI OF ILE-IFE,WILL NOT EAT THE HEART OF THE LATE OONI-PALACE CHIEFS.

INNOSON GIVES OUT BRAND NEW IVM G5 AND SALARY FOR LIFE TO THE MAN WHO PROPHESIED ABOUT HIS VEHICLE MANUFACTURING IN 1979.(PHOTO).