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News & Articles By Garrison Vance
05/08/2026
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By Garrison Vance
Germany Requests Israeli Jet Fuel as Hormuz Disruptions Affect European Aviation
Israel will supply jet fuel to Germany after Berlin requested assistance as the Hormuz crisis disrupts aviation fuel flows into Europe, according to Israeli Foreign Minister Gideon Sa’ar. The shipments will be coordinated through domestic refining companies, with export volumes and delivery schedules dependent on how the regional conflict develops and whether shipping and refinery […]
05/06/2026
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By Garrison Vance
China Orders Refiners to Ignore U.S. Sanctions on Key Iranian Oil Buyers
China’s Ministry of Commerce formally invoked its 2021 Blocking Rules for the first time on May 4, ordering all entities in the country to disregard U.S. sanctions on five domestic oil refiners, according to a ministry statement. [1] The directive protects Hengli Petrochemical, Shandong Jincheng Petrochemical, Hebei Xinhai Chemical, Shouguang Luqing Petrochemical and Shandong Shengxing […]
05/06/2026
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By Garrison Vance
Oil Prices Surge Past $114 After Iranian Attacks on UAE Raise Supply Concerns
Global oil prices topped $114 per barrel and settled at a four-year high following Iranian attacks on the United Arab Emirates (UAE), according to market data and news reports. The attacks, reported by multiple sources, revived concerns about further supply disruptions in the region. Market analysts attributed the price jump to fears that the conflict […]
05/05/2026
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By Garrison Vance
Kuwait Exports Zero Barrels of Oil for the First Time Since 1991 Gulf War, Monitor Says
Kuwait exported zero barrels of crude oil in April 2026, the first such halt since the 1991 Gulf War, according to data from shipping monitor Tanker Trackers. The tanker-tracking service reported that while the country continued to produce oil, no crude was shipped overseas during the month. The halt is attributed to the effective closure […]
05/04/2026
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By Garrison Vance
The unseen front: Why Iran’s cyber war on U.S. infrastructure persists even after the ceasefire
Cyber attacks against critical infrastructure have persisted at elevated levels despite a temporary halt in conventional military operations in the conflict between the United States and Iran, according to multiple government and industry reports. The paused conflict with Iran has not reduced the volume of malicious cyber activity, officials said. [1] [2] Cyber Operations Continue Despite Ceasefire […]
05/02/2026
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By Garrison Vance
Oil Prices Hit Wartime High as Iran Conflict Escalates: Brent Crude Surges Past $126, Gas Prices Soar to $6 in California Amid Strait of Hormuz Blockade
Brent crude, the international oil benchmark, topped $126 a barrel on Thursday, reaching a wartime high, according to a CBS News report. The surge in global energy prices pushed the average U.S. gasoline price to $4.30 per gallon, the highest since July 2022, according to AAA data. Drivers in California faced the highest state average […]
05/01/2026
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By Garrison Vance
Iranian Oil Smuggling Scheme Uses Fake Iraqi Ship Identities to Evade U.S. Blockade, Intelligence Firm Says
A maritime intelligence firm reported on April 29 that a group of U.S.-sanctioned oil tankers are falsifying their location data to appear anchored off Iraq while secretly loading Iranian crude, according to Windward AI. The scheme involves four very large crude carriers (VLCCs) holding an estimated 8 million barrels worth approximately $800 million at current […]
05/01/2026
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By Garrison Vance
Iran War Costs Reach $25 Billion, Pentagon Reports
U.S. Has Spent $25 Billion on Iran War, Pentagon Says The United States has spent approximately $25 billion on the war with Iran in its first 60 days, according to the Department of War‘s Acting Comptroller Jules Hurst III. Hurst announced the figure during a House Armed Services Committee (HASC) hearing on Wednesday, April 29, […]
05/01/2026
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By Garrison Vance
Trump Signs Homeland Security Funding Bill, Ending 76-Day Shutdown
U.S. President Donald Trump signed legislation on Thursday, April 30, ending the partial shutdown of the Department of Homeland Security (DHS) after 76 days, according to news reports. The shutdown began on Feb. 14 and led to widespread disruptions at airport security checkpoints across the country. The bill, which the House of Representatives approved by […]
05/01/2026
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By Garrison Vance
Iran’s Rial Hits Record Low Amid U.S. Blockade and Threats of Military Response
Iran’s rial fell to a record low of approximately 1.8 million against the U.S. dollar on Wednesday, according to currency-tracking websites such as Bonbast and AlanChand, as a U.S. naval blockade and an uncertain ceasefire continued to pressure the economy. The decline follows a U.S.-Israeli war that began Febr.28 and a fragile truce that took […]
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