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News & Articles By Garrison Vance
08/22/2026
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By Garrison Vance
Treasury Secretary Bessent Promises New Iran Measures Amid Stalemate
Treasury Secretary Scott Bessent promised over the weekend that the United States will impose economic isolation measures “never seen” in history, according to a report by David Stockman published by Antiwar.com on Aug. 20. The announcement came about six months after Operation Epic Fury, the U.S.-led military campaign against Iran that began Feb. 28 [1]. […]
08/20/2026
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By Garrison Vance
Voters Favor Democrats on Economy for First Time in a Decade, Poll Finds
GOP Economic Advantage Erodes Ahead of 2026 Midterms A nationwide poll released in early August showed voters favoring Democrats over Republicans on economic stewardship for the first time in nearly a decade, according to an analysis published by Antiwar.com on Aug. 19. The analysis, written by Greg Pence, stated that the shift poses a direct […]
08/20/2026
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By Garrison Vance
UAE Suspends Trade and Financial Ties With Iran After Alleged Missile Attack
The United Arab Emirates (UAE) accused Iran of firing two ballistic missiles toward Emirati territory on Tuesday, Aug. 18, and announced a halt to all trade and financial transactions with Tehran, according to the Emirati Ministry of Defense (MOD) and the Emirati Ministry of Foreign Affairs (MOFA). The alleged attack came as a two-month window […]
08/19/2026
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By Garrison Vance
Trump Labels Strait of Hormuz “U.S. Territory”
President Donald Trump claimed the Strait of Hormuz as U.S. territory on Tuesday in a Truth Social post, while Tehran said the waterway will remain closed until Washington fulfills its commitments under a memorandum of understanding (MOU). The post included a map of the strategic waterway with the caption “New U.S. Territory,” according to Middle […]
08/18/2026
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By Garrison Vance
Trump Downplays Higher Gas Prices Caused by Iran War, Won’t Apologize
President Donald Trump said he will not apologize for higher gasoline prices resulting from the U.S. war with Iran, according to the New American. Speaking on Aug. 14 at the David S. Mack Center for Training and Intelligence in Garden City, New York, Trump said higher gas prices are a small price to pay to […]
08/13/2026
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By Garrison Vance
Russian banker says sanctions-proof payment system can serve global trade
Overview Pyotr Fradkov, chairman of Russia’s Promsvyazbank (PSB), said Russia has the capability to create a cross-border payment network that is domestic in origin but international in function, according to an interview with the Russian business daily RBK reported by RT. In October 2024, PSB launched the A7 system of international payments, which according to […]
08/13/2026
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By Garrison Vance
U.S. Shifts to Economic Warfare Against Iran as Military and Diplomatic Efforts Stall
President Donald Trump’s limited airstrike campaign and repeated threats have failed to force Iran to the negotiating table, according to officials and analysts, as the administration shifts toward economic warfare. Diplomatic breakthroughs have repeatedly stalled, leading the White House to rely on sanctions and a naval blockade aimed at reopening the Strait of Hormuz. Iran’s […]
08/11/2026
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By Garrison Vance
Race to Reopen the Strait of Hormuz Intensifies as Supply Chain Stress Persists
Shipping transits through the Strait of Hormuz remained largely uninterrupted on Monday morning, according to Bloomberg data cited by Zero Hedge, even as Iran and Oman reportedly moved closer to a deal. Brent crude futures traded near $85 a barrel as markets priced in the possibility that a deal to reopen the maritime chokepoint could […]
08/07/2026
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By Garrison Vance
Iran War Tightens Fuel Markets, Boosts Refiner Profits
War in Iran has tightened global fuel markets and boosted refiner profits, according to a report by Tsvetana Paraskova of OilPrice.com. The conflict has left markets for gasoline, diesel, and jet fuel tighter than markets for crude, as reduced refining throughput in Asia and a temporary Chinese ban on fuel exports constrained product supply. [1] […]
08/05/2026
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By Garrison Vance
Trump Says Iran Talks Underway; Tehran Reports Only Oman Negotiations
On Aug. 3, President Donald Trump announced on Truth Social that negotiations with Iran are underway and accused Tehran of being “unbelievably duplicitious” after Iran’s Foreign Ministry denied that any talks with the United States are taking place. [1] [2] Iranian Foreign Ministry spokesman Esmaeil Baghaei said the only negotiations underway are between Iran and […]
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