Chokepoint: Tracking Trade Policy Responses to the Hormuz Crisis

19 March 2026: 75 measures spanning across 39 implementing jurisdictions. Affected sectors: energy, fertilisers and agricultural commodities. 

• 18 March 2026: United States temporarily waives Jones Act shipping restrictions 

• 18 March 2026: India’s Oil Ministry stated fuel exports permitted only after domestic demand met

• 12 March 2026: Brazil establishes export taxes on crude petroleum oils and diesel oil

This section summarises policy actions adopted across the world. The measures documented in this section fall under the reporting scope of the GTA database. Currently, this tracker has identified 37 different actions spanning seven different policy areas. 

Export barriers (11)

This category includes export controls such as bans and taxes, as well as local supply requirements for export.

• Affected sectors: energy, fertilisers

• Implementing jurisdictions: Brazil, China, Egypt, Hungary, India, Iraq, Pakistan, Thailand, the United States of America and Vietnam

Domestic subsidies (12)

So far, actions concentrate around tax cuts, price stabilisation and production subsidies.

• Affected sectors: energy

• Implementing jurisdictions: Austria, Brazil, Chile, Ethiopia, Hungary, India, Malaysia, the Republic of Korea, Thailand, Turkey, and the United States of America

Import barriers (4)

Policies in this field have so far taken the form of import tariffs and licenses. 

• Affected sectors: energy, fertilisers

• Implementing jurisdictions: South Africa, Turkey, and Vietnam

Capital controls (4)

Recorded actions focus on capital controls on commercial transactions and trade payment measures. 

• Affected sectors: energy, agricultural commodities

• Implementing jurisdictions: Egypt and the United States of America

Localisation (1)

The recorded action refers to local operations and local content requirements.

• Affected sectors: energy

• Implementing jurisdictions: United States of America

Other (2)

The actions under this category referred to data disclosure and production suspension.

• Affected sectors: energy

• Implementing jurisdictions: India and Israel 

Check the live GTA thread covering GTA-relevant measures here. 

This tracker has so far identified 38 government actions that fall outside the scope of the GTA database. They cluster around six policy areas.

Price management (12 actions) 

These actions include retail price caps, freezes, tax cuts, subsidy adjustments, and direct fiscal transfers to consumers.

• Affected sectors: energy, agricultural commodities

• Implementing jurisdictions: Chinese Taipei, Egypt, Ethiopia, Germany, Ghana, India, Kenya, Mexico, the Republic of Korea,  Saudi Arabia and the United Kingdom 

Supply management (24 actions) 

This policy area included mechanisms such as reserve releases, rerouting of supply flows, production adjustments, rationing, and demand curtailment.

• Affected sectors: energy

• Implementing jurisdictions: Australia (x2), Bangladesh, Canada, Egypt, France, Germany, India, Iran, Iraq, Italy, Japan, Jordan, Netherlands, Pakistan, Qatar, Republic of Korea, Saudi Arabia, Spain, Sri Lanka, Tanzania, United Kingdom, and United States of America (x2).

Regulatory and administrative responses (2 actions) 

This group so far covers transparency rules and task force appointments.

• Affected sectors: energy

• Implementing jurisdictions: Australia and Brazil