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News & Articles By Garrison Vance
06/07/2026
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By Garrison Vance
Poll: 68% of Americans Want Quick End to Iran War
Nearly two-thirds of Americans want the United States to make a deal to end the war in Iran as quickly as possible, according to multiple recent polls. A New York Times/Siena College survey of 1,507 registered voters, conducted in early May, found that 64 percent of respondents opposed the U.S. military campaign and only 30 […]
06/02/2026
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By Garrison Vance
Analysis: Iran conflict could mirror Suez crisis in financial transformation
Introduction U.S. military operations against Iran that began on Feb. 28, 2026, have not achieved their stated objectives, according to multiple reports. The war has been described as a “strategy of desperation” and a “historic blunder,” a Middle East Eye analysis by Dan Glazebrook reports. [1] The analysis argues the conflict may lead to a […]
05/22/2026
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By Garrison Vance
China Raises Fuel Price Caps Again as Iran War Keeps Oil Markets on Edge
China will raise the maximum retail price of gasoline by $11.03 (75 yuan) per metric ton and diesel by $10.29 (70 yuan) per ton, effective May 22, according to a notice from the state planner. The adjustment is the latest in a series of increases since the Iran war began disrupting global oil markets. The […]
05/15/2026
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By Garrison Vance
Saudi Arabia Proposes Non-Aggression Pact With Iran, Regional States Based on Cold War Model
Saudi Arabia has floated the idea of a non-aggression pact between Iran and Middle Eastern states, according to a report from the Financial Times (FT) published on Thursday, May 14. The proposed framework is modeled on the 1975 Helsinki Accords, which eased tensions between the Soviet Union, the United States and European nations during the Cold […]
05/14/2026
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By Garrison Vance
Russia’s Oil Revenues Rise $6.3 Billion as High Prices Offset Production Declines
Russia’s oil export revenues reached $19.18 billion in April, a $6.28 billion increase from the same month a year earlier, according to the International Energy Agency’s monthly market report for May. The rise occurred despite a decline in total output of 460,000 barrels per day (bpd) to 8.8 million bpd, and a 90,000 bpd drop […]
05/13/2026
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By Garrison Vance
Worldwide Demand for Coal Spikes Amid Worsening Middle East Energy Crisis
Global coal shipments and imports surged in March and April as buyers scrambled for fuel amid massively disrupted oil and gas supply from the Middle East, according to estimates by analytics platform Kpler cited by the Financial Times and reported by Oilprice.com. The trend has accelerated in recent weeks, analysts said, with global coal imports […]
05/10/2026
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By Garrison Vance
Oil Falls Below $100 a Barrel on Renewed Hopes of U.S.-Iran Peace Deal
Brent crude oil fell 4.3% to $96.96 per barrel on May 7, 2026, during volatile trading, as renewed hopes of a U.S.-Iran peace deal emerged, according to market analysts. The benchmark slipped $4.31 from its May 6 close, with intraday fluctuations of up to 4.6%, exchange data showed. Shipping giant Maersk warned that even if […]
05/08/2026
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By Garrison Vance
Chinese Fuel Trader Sues Two U.S. Banks Over Blocked Payments Ahead of Sanctions
HY Energy, a Chinese fuel trading company, has filed two separate lawsuits in Shanghai and Beijing against JPMorgan and Citigroup, alleging the banks improperly blocked $40 million in payments intended for China Oil and Petroleum Company (COPC) in 2023. According to court documents, the transfers were initiated months before the U.S. Department of the Treasury […]
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 […]
05/07/2026
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By Garrison Vance
China Urges Immediate End of U.S. War with Tehran During Iranian FM’s Visit
Iranian Foreign Minister Abbas Araghchi met with Chinese Foreign Minister Wang Yi in Beijing on Wednesday, May 6, according to state media reports. China called for an immediate reopening of the Strait of Hormuz and a comprehensive ceasefire in the ongoing Iran war, Xinhua reported. [1] [2] Araghchi’s visit occurs ahead of a summit between […]
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