Iran is (probably) collecting tolls, and why Asia stopped buying oil from the US
Inside China Business | October 29, 2026
The War on Iran, and the subsequent closure of the Strait of Hormuz, forced energy buyers to source crude oil and refined products from the United States. But US exports of crude to Asia have since collapsed, and are plumbing multiyear lows. Oil transport costs have skyrocketed, making American oil shipments to Asia non-competitive. Industry insiders strongly suspect that the increased oil flows through the Persian Gulf are a result of oil suppliers quietly paying Iran for safe passage through the Hormuz. Middle East suppliers are also selling oil on a “delivered basis” to buyers in China and India, thereby assuming all the transport costs and insurance risks.
Resources and links:
U.S. exports of crude oil and petroleum products reached record in April https://www.eia.gov/todayinenergy/det…
$80 Million Tanker Bills Are Crushing US Oil Exports to Asia https://www.bloomberg.com/news/articl…
Asian refiners use smaller tankers, buy delivered crude as freight rates soar https://www.reuters.com/business/ener…
Kpler Suspects Gulf Producers Are Paying Iran for Safe Passage https://oilprice.com/Energy/Crude-Oil…
Is Iran charging a toll to allow oil traffic through Hormuz? https://www.aljazeera.com/news/2026/1…
The Strait of Hormuz transit fee. https://straits.live/strait-of-hormuz…
Oil Tankers Earn $1 Million a Day as War Leaves Ship Shortage https://www.bloomberg.com/news/articl…
Supertanker chartered from Gulf Coast to China for $76 million, 10 times higher than pre-war level https://www.cnbc.com/2026/10/07/super…
Operation Economic Outcast Disrupts Digital Asset Exchange Enabling the Iranian Regime https://home.treasury.gov/news/press-…
Over a thousand “dark fleet” tankers sell sanctioned oil. And nobody really wants them to stop. 
• Over a thousand “dark fleet” tankers sell …
Shipping companies offering captains $US100k a month to transit Strait of Hormuz https://www.abc.net.au/news/2026-10-1…
Ship captains and crews transiting the Strait of Hormuz make so much danger pay that they’re ‘almost being viewed as mercenaries’ https://fortune.com/2026/10/10/ship-c…
Kotak raises FY27 crude oil price forecast to $100 amid 8-month supply disruption https://timesofoman.com/article/17852…
China Refiners Tap African, Brazilian Oil as Freight Rates Fall https://www.bloomberg.com/news/articl…
Sorry, the comment form is closed at this time.
Featured Video
Iran is (probably) collecting tolls, and why Asia stopped buying oil from the US
or go to
Aletho News Archives – Video-Images
From the Archives
The Great Recycling Scam
By Dr. Vernon Coleman – 21st Century Wire – September 2, 2022
Recycling was introduced, worldwide, as a tool to teach citizens to become compliant.
Forcing citizens to sort their rubbish into up to nine separate bags or boxes every week had absolutely nothing to do with ‘saving the planet’ and everything to do with teaching citizens (through a mixture of fines and shame) to behave ‘responsibly’ i.e. to do as they were told without looking too closely at the rationale of what they were being told to do.
The recycling never had anything to do with protecting the planet, of course. Most of the rubbish sorted, washed and collected in the UK was taken abroad, by lorry or ship or train, and burnt or dumped. It was, quite simply, impractical and not cost effective to recycle the material that had been collected. And, of course, collecting the sorted rubbish involved massive costs in terms of cash and pollution.
Today, the recycling business has reached an apogee of lunacy. Councils introduce ever more complex rules and fees. They refuse to take away much of the waste that is collected. And those wanting to take their rubbish to a ‘recycling’ centre will probably have to make an appointment and answer a host of questions.
It is no surprise that fly-tipping has become a major problem. The biggest causes of plastic in the sea are dumped fishing gear and plastic waste (much of it officially designated as recycled) which has been dumped by ships.
The good news, however, is that in Britain, recycling rates are falling. More and more people have become aware that the whole recycling movement was just another piece of manipulative trickery.
Blog Roll
Aletho News- Regional security runs through Tehran
- Voters Don’t Want the Old GOP
- Former US officials who resigned over Gaza urge 2028 presidential candidates to reject architects of Biden-era policy
- Wired for War Crimes: Israeli spy-tech firm targeted Starlink users – researchers
- There is cautious optimism about ending the Ukraine war
- Here are the Bills Pushing Forward Authoritarian Control in Canada
- The accession of Ukraine could signal the collapse of the EU
- Italy puts Ukraine weapons package on hold – media
- US kills 5 in Pacific as unproven drug smuggling claims persist
- Iran Respects International Law, US & Israel are Rogue States
- If Americans Knew
- Majority Of Jewish Schools In The UK Teaching Kids To “Love Israel”
- Eisenkot or Netanyahu: No matter who forms government, democracy is dead
- Six Palestinians Killed In Gaza In 24 Hours
- Israel’s election: The battle between change and anti-Palestinian sentiment
- Voters Don’t Want the Old GOP
- Netanyahu Is Down but Not Out. That’s Dangerous
- AIPAC-Aligned Groups Gift Doris Matsui a $785k Blitz of Last-Minute Attack Ads
- DAILY UPDATE: Latest essential news on Palestine, Israel, & region
- Israel blocks international visitors from West Bank – what is it trying to hide?
- ‘There are no dreams here’: How Israel’s outgoing gov’t remade the West Bank
- No Tricks Zone
- Germany’s Green Energy Transition Becoming Increasingly Expensive…Another 6 Trillion Euros!
- Sudden Stratospheric Warming, Powerful El Niño Combination May Lead To Extreme Europe Cold, Energy Crisis!
- Two New Studies Find Thwaites Glacier Melt Cannot Be Driven By Human Activity Or A Warming Ocean
- E-Cars Reduce CO2 Emissions By Only 41% Compared To Internal Combustion Engine Vehicles
- Predictions Made By Renowned Climate Professor Over Past Decades Have Been Proven To Be Poor
- New Study Suggests Large Regions Of The Pacific Ocean Have Been Cooling For The Last 80 Years
- Germany’s Green Energy Debacle: High Energy Costs Force Kahla Porzellan to Close After 182 Years!
- New Study: 50 Years Of The Most Aggressive ‘Net Zero’ Policies Can Only Affect The Global Climate By 0.03°C
- US September “Heat” Was No Record…Many Records Set Decades Ago
- Latest European Green Energy Debacle; Portugal’s Largest Flagship Solar Park Insolvent!
