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News & Articles By Garrison Vance
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
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 […]
04/30/2026
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By Garrison Vance
Trump Keeps Naval Blockade on Iran, Rejects Offer to Open Strait of Hormuz
Introduction President Donald Trump said he will continue the U.S. naval blockade of Iran until Tehran accepts his administration’s nuclear demands, rejecting an Iranian proposal to open the Strait of Hormuz in exchange for lifting the blockade, according to an interview with Axios on Wednesday, April 29. The blockade, led by the USS Abraham Lincoln, […]
04/29/2026
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By Garrison Vance
United Arab Emirates to Leave OPEC After 60 Years
UAE Announces Withdrawal from OPEC The United Arab Emirates (UAE) said on Tuesday, April 28, that it will leave the Organization of the Petroleum Exporting Countries (OPEC) and the wider OPEC+ group effective Friday, May 1, according to an official statement carried by state media. The decision ends nearly 60 years of membership and comes […]
04/26/2026
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By Garrison Vance
Analysis of Claims Regarding Weather Modification and Resource Control as Geopolitical Tools
Introduction: Seizure of Iranian Vessel Highlights Broader Resource Tensions The United States seized an Iranian-flagged cargo ship on April 20, 2026, according to an online report. Iranian officials have condemned the action as “theft” [1]. This incident occurs against a backdrop of a reported fuel crisis that is impacting global travel, with airlines announcing cost increases […]
04/26/2026
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By Garrison Vance
Iran Claims Toll Revenue Collection from Strait of Hormuz, Straining Ceasefire
Iranian lawmakers claim the country has started depositing revenue from a toll on ships passing through the Strait of Hormuz into the state central bank, asserting control over the critical global oil chokepoint [1]. The claims, made on Thursday, April 23, 2026, come despite an extended ceasefire agreement with the United States and ongoing U.S. […]
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