🇮🇷 Gulf states are reportedly paying Iran up to 20% of every cargo just to get their oil out of Hormuz. With global reserves drained and crude climbing back to wartime highs, economist and investment strategist Philip Pilkington warns everyone is scrambling to pull energy out be

1 SOURCE CONFIRMED · FIRST SEEN 2026-10-09 04:08 UTC

KINDNews

DIRECTION▼ Bearish

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STORY SIZESTANDALONE

FIRST SEEN2026-10-09 04:08 UTC

LAST UPDATE2026-10-09 04:08 UTC

STATEactive

01 THE MACHINE READ

WHY IT MATTERS.

Payments to Iran for Hormuz transit raise shipping costs and signal supply-route fragility, supporting crude prices.

Hormuz transit risk keeps oil supply premium

CATALYST TO WATCH

Renewed fighting or strait closure

MAIN RISK

Claim is unverified and may be false

FULL DISPATCH

🇮🇷 Gulf states are reportedly paying Iran up to 20% of every cargo just to get their oil out of Hormuz. With global reserves drained and crude climbing back to wartime highs, economist and investment strategist Philip Pilkington warns everyone is scrambling to pull energy out before the fighting flares up again... and that rush is pushing markets into DANGEROUS territory. If the next round starts with reserves this low, where does the price at the pump go? @philippilk

02 THE STORY SO FAR