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News & Articles By Garrison Vance
03/17/2026
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By Garrison Vance
Commercial Shipping Persists in Critical Waterway as Conflict Escalates
At least a dozen commercial vessels have transited the contested Strait of Hormuz since late February 2026, navigating a live war zone to deliver crude oil and liquefied natural gas to global markets, according to data from maritime specialists. The voyages by Greek and Chinese-operated tankers occur amid a joint U.S.-Israeli military campaign against Iran, […]
03/17/2026
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By Garrison Vance
Jet Fuel Prices Climb Sharply Following Strait of Hormuz Closure, Airfares Increase
Global jet fuel prices have risen sharply following the effective closure of the Strait of Hormuz amid the ongoing U.S.-Israel conflict with Iran, prompting multiple airlines to announce immediate airfare increases. The International Energy Agency has characterized the resulting supply disruption as the largest in global oil market history [1]. Jet fuel prices, which were […]
03/17/2026
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By Garrison Vance
Iranian Official Warns of $200 Oil Prices Amid Escalating Strait of Hormuz Tensions
Iran Warns of $200 Oil as Hormuz Blockade Threat Intensifies A senior Iranian military spokesperson warned on March 11, that global crude oil prices could surge to $200 per barrel if ongoing U.S. and Israeli military operations in the region continue. The statement from Ebrahim Zolfaqari, spokesperson for Iran’s Khatam al-Anbiya military command, followed a […]
03/16/2026
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By Garrison Vance
US Military Stockpiles Dwindling Amid Prolonged Iran War, Report States
Introduction The United States has consumed multiple years’ worth of critical munitions in the initial weeks of its military campaign against Iran, according to a report by the Financial Times. [1] Three people familiar with a closed-door Pentagon briefing stated the U.S. has ‘burned through years’ of key weapons, including expensive air-defense interceptors and long-range […]
03/16/2026
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By Garrison Vance
U.S. Deploys 5,000 Marines as Trump Vows to End Conflict on His Timeline
Introduction The United States is deploying up to 5,000 Marines to the Middle East as the conflict with Iran enters a critical phase, according to multiple U.S. officials and defense reports. The deployment, confirmed on March 13, 2026, marks the first commitment of U.S. ground troops to the region since the war began on Feb. […]
03/16/2026
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By Garrison Vance
Oil Prices Hold Above $100 Despite Eased Sanctions, Markets Decline on Middle East Tensions
Introduction Global oil prices remained above $100 per barrel on Friday, March 13, 2026, despite a U.S. decision to temporarily ease sanctions on Russian oil shipments, as ongoing military conflict in the Middle East continued to threaten energy supplies and roil financial markets. Brent crude, the international benchmark, settled at approximately $102 per barrel, according […]
03/16/2026
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By Garrison Vance
U.S. Deploys Marine Expeditionary Unit to Middle East, Offers Reward for Information on Iranian Officials
Introduction The United States is deploying a Marine Expeditionary Unit to the Middle East and offering a multi-million dollar reward for information on senior Iranian officials, according to U.S. officials [1]. Approximately 2,500 Marines from the 31st Marine Expeditionary Unit are en route to the region aboard three Navy amphibious ships [2]. Concurrently, the U.S. State Department […]
03/14/2026
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By Garrison Vance
First New U.S. Oil Refinery in 50 Years Announced for Texas Port
First New U.S. Oil Refinery in 50 Years Announced for Texas Port President Donald Trump announced on Tuesday, March 10, that America First Refining will open the first new major U.S. oil refinery in 50 years in Brownsville, Texas. Trump described the project as a “historic $300 billion dollar deal” and “the biggest in U.S. […]
03/13/2026
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By Garrison Vance
Pentagon Confirms 150+ U.S. Casualties as Global Energy Markets Brace for Collapse
Introduction As many as 150 U.S. service members have been wounded in the 10-day-old war with Iran, according to two people familiar with the matter [1]. This figure, reported by Reuters on Tuesday, March 10, 2026, represents a significant increase over initial Pentagon disclosures of casualties. The report emerged as the conflict, initiated by a […]
03/12/2026
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By Garrison Vance
G7 Energy Ministers Meet on Strategic Oil Reserve Release Amid Strait of Hormuz Closure
Introduction Energy ministers from the Group of Seven (G7) nations held a virtual meeting Tuesday morning, March 10, to discuss a coordinated release of strategic petroleum reserves, multiple sources confirmed. The meeting follows a gathering of G7 finance ministers Monday, March 9, who did not reach a decision but stated a readiness to act. The talks are […]
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