1. In a bowl, combine the warm water, honey, and yeast. Let this mixture sit for 5-10 minutes until it becomes nice and foamy. Once activated, mix in the egg, vanilla, melted shortening, sugar, salt, and flour to form a soft, pliable dough.

2. Next, knead the dough for 5-7 minutes until it becomes smooth and elastic. Cover the dough and let it rise in a warm place for 1-2 hours, or until it has doubled in size. This rising step is crucial for developing the perfect light and airy texture in your Homemade Honey Buns.

3. Once the dough has risen, turn it out onto a lightly floured surface and roll it into a rectangle. Sprinkle the dough with the cinnamon-sugar mixture, then tightly roll it up from one of the long sides. Slice the rolled dough into individual buns and arrange them on a baking sheet or in a greased baking dish.

4. In a deep skillet or fryer, heat the vegetable or peanut oil to 350°F. Gently lower the shaped buns into the hot oil and fry them for 2-3 minutes per side, or until they’re golden brown in color. Drain the fried buns on paper towels to remove any excess oil.

5. While the Homemade Honey Buns are cooling, prepare the irresistible honey glaze. In a bowl, whisk together the powdered sugar, honey, melted butter, vanilla, and salt. Add a bit of warm water as needed to reach your desired consistency for the glaze.

6. Once the buns have cooled slightly, drizzle or dip them in the honey glaze, ensuring each one is coated in the sweet, sticky goodness. Allow the glaze to set for a few minutes before serving these warm, freshly-fried Homemade Honey Buns.