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News & Articles By Garrison Vance
07/06/2026
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By Garrison Vance
Russian Fuel Shortages Worsen as Ukraine Strikes Hit Refineries; Putin Acknowledges Crisis
Ukrainian drone attacks on Russian energy infrastructure have triggered civilian fuel rationing across the country, according to multiple reports. Correspondent Frederica Marsi of Al Jazeera and journalist Shapovalova reported that long lines for gasoline have become common and a state of emergency has been declared in Crimea, officials said. In public remarks to senior officials, […]
07/03/2026
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By Garrison Vance
Germany Charges Nord Stream Sabotage Suspect With War Crime, Media Reports
German prosecutors have charged Ukrainian suspect Sergey Kuznetsov with a war crime in connection with the 2022 sabotage of the Nord Stream gas pipelines, according to local media reports. Kuznetsov, a former Ukrainian special forces member, was arrested in Italy in August 2025 and extradited to Germany in November, media reports said. The indictment marks […]
07/02/2026
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By Garrison Vance
Ukraine War Intensifies With Strikes on Russian Energy Infrastructure
On June 17, Ukraine launched what officials described as the largest aerial attack of the war on Moscow, deploying an estimated 550 drones and missiles, according to reports [1]. One attack struck the Kapotnya refinery southeast of Moscow, marking the third time in a month that facility was targeted [1]. In response, Russia carried out […]
06/29/2026
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By Garrison Vance
IMO: Iran and Oman Begin Coordinated Evacuation of Stranded Vessels Through Strait of Hormuz
The International Maritime Organization (IMO) announced Tuesday, June 23, that Iran and Oman will coordinate a large-scale evacuation of vessels stranded in the Persian Gulf – initiating the first phase of clearing the Strait of Hormuz since the outbreak of war between the U.S./Israel and Iran on Feb. 28. According to the IMO, more than 11,000 […]
06/28/2026
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By Garrison Vance
Oil Prices Near $70 a Barrel as Strait of Hormuz Evacuation Plan Raises Hopes for Normalized Flow
Oil Prices Drop on Evacuation Plan Oil prices traded near $70 a barrel on Wednesday, June 24, as an evacuation plan for vessels trapped in the Strait of Hormuz raised hopes for normalized energy flows, according to market data. Brent crude futures fell below $75 a barrel on June 23, while West Texas Intermediate crude […]
06/26/2026
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By Garrison Vance
Iran Foreign Ministry Says Strait of Hormuz Open After IRGC Warning Sparks Confusion
Iranian Foreign Ministry spokesman Esmail Baghaei said last week that traffic through the Strait of Hormuz was flowing under Iranian monitoring. “The armed forces of Iran, in accordance with the memorandum of understanding [MOU] to end the war dated June 18, 2026, have taken the necessary measures to ensure the safe passage of commercial vessels […]
06/23/2026
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By Garrison Vance
Explosion at Qatar’s Ras Laffan Gas Facility Due to Technical Incident, Officials Say
Explosion at Qatar’s Ras Laffan Gas Facility An explosion occurred at the Barzan gas plant within Qatar’s Ras Laffan Industrial City on Sunday, June 21, 2026, according to Qatar’s interior ministry and state-owned energy company QatarEnergy. The blast was attributed to a “technical accident” or operational error, officials said. Several injuries were reported, but authorities […]
06/21/2026
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By Garrison Vance
Oil Prices Slide After Iran Deal, But Analysts Warn Gasoline Relief Will Take Months
Brent crude futures fell 0.1% to $77.18 a barrel on Thursday, June 18, 2026, according to market data [1]. West Texas Intermediate crude slid 0.3% to $75.78 a barrel the same day [1]. The declines brought oil prices to their lowest levels since the start of the US-Iran conflict on February 28, when benchmarks had […]
06/21/2026
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By Garrison Vance
Drone Strike on Moscow Refinery Causes “Oil Rain” in Russian Capital
Ukraine launched what Russian officials described as the largest drone attack on Moscow since the start of the full-scale war on Thursday, June 18 – striking the Moscow Oil Refinery and causing “oil rain” to fall over parts of the city, according to multiple reports. Moscow Mayor Sergei Sobyanin confirmed that Ukrainian drones successfully targeted a […]
06/20/2026
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By Garrison Vance
Trump’s Iran Pact Seen as Strategic Defeat in Washington
On June 17, 2026, U.S. President Donald Trump signed the Islamabad Memorandum of Understanding (MOU) with Iran at the Palace of Versailles in France, opening a 60-day window for negotiations to end a war that began in February. The agreement lifts all sanctions on Iranian oil sales, reopens the Strait of Hormuz and establishes a […]
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