Iran Punishes US , Houthis Punish Saudis , By closing Bab el Mandeb , if Irani Infra Structure Hit , Pushing Oil Prices to US$200/Barrel

JNN 16th July 2026, Tehran   – Iran has asked Yemen’s Houthi movement to stand ready to close the Red Sea oil route if the United States strikes Iranian power infrastructure sources told on Thursday, posing a potent new threat ​to global energy supplies.

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IRGC strikes 85 US military Regional targets in ‘Initial’ retaliation, downs MQ-9 drone, US Revokes Oil Sales License.

JNN 8th July 2026 Tehran : The Islamic Revolution Guards Corps (IRGC) says it struck 85 US military targets in Bahrain and Kuwait with missiles and drones in an initial response to American aggression against Iranian territory.

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Staggering Gulf States Economies , Due to Low Oil Prices , Pushes for Thousands of Layoffs

Staggering UAE economyJNN 27 May 2016 Dubai : Thousands of layoffs at state-linked companies in Abu Dhabi are a fresh sign the Gulf’s wealthy oil states are hunkering down for a long period of austerity as low crude prices pressure their economies. Continue reading

Oil Settles Below $39 a Barrel for the First Time Since Feb. 2009

Oil Prices Plunges to Below US$39JNN 26 Aug 2015 NEW YORK—Oil prices plunged to fresh six-year lows Monday on concerns about a slowdown in Chinese demand and growing crude-oil supplies in the U.S. Continue reading

Crude oil prices above USD 102 pb

JNN 15 Feb 2011 : The wave of pro-democracy rallies in the Middle East and the ouster of Egyptian President Hosni Mubarak have resulted in the price of Brent crude oil soaring above USD 102 per barrel. Continue reading