Wash and dry the oranges. Slice one of the oranges into ¼-inch slices. Into the rind of the second orange, pierce the skin with. Do this all over the orange, placing the cloves 1 inch apart until it is evenly covered in cloves.
In a large pot or dutch oven over medium heat, stir together wine, sugar, water and juices.
Add the clove-studded orange, half of the orange slices and cinnamon sticks. Stir until sugar has dissolved.
Bring to a simmer and reduce heat to medium-low. Do not boil. Simmer for 30 minutes. Remove from heat.
When ready to serve, warm on low heat. Serve in mugs or insulated glasses.
Garnish with an orange wedge and/or a cinnamon stick. Store in an airtight container in the refrigerator for up to 2 weeks.
Notes
For a booze free version, choose a non-alcoholic wine.