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News & Articles By Garrison Vance
03/19/2026
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By Garrison Vance
Gulf Energy Revenues Drop by Billions Following U.S.-Israeli Strikes on Iran, Report States
Introduction Oil producers in the Gulf region have lost an estimated $15.1 billion in energy revenues since the launch of coordinated US-Israeli strikes on Iran in late February, according to a report from the Financial Times. The report, citing analysis from the energy analytics firm Kpler, states that the conflict and subsequent Iranian retaliatory measures […]
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
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 […]
03/13/2026
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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 […]
03/10/2026
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By Garrison Vance
Trump Projects Quick End to Iran Conflict, Forecasts Drop in Oil Prices
Introduction U.S. President Donald Trump stated Monday, March 9, that the ongoing U.S.-led war against Iran will conclude “very soon,” forecasting a subsequent drop in oil prices which had surged above $100 per barrel due to the conflict. The president made the remarks during a press conference at his Trump National Doral club near Miami, […]
03/04/2026
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By Garrison Vance
U.S. Stocks Fall, Oil Prices Surge Following U.S.-Israel Strikes on Iran
Introduction U.S. equity markets opened sharply lower and crude oil prices surged at the opening bell on March 2, 2026, following overnight military strikes by the United States and Israel on Iran. The Dow Jones Industrial Average fell by more than 500 points, while the international benchmark for oil, Brent crude, jumped by approximately 8% in […]
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