Announcement
20 Mar 2026
In March 2026, the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued General License U authorising certain transactions related to Iranian-origin crude oil and petroleum products loaded on vessels on or before 20 March 2026.
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Number of interventions
3
0 certainly harmful
0 likely harmful
3 liberalising
List of interventions
Implementation date
20 Mar 2026
Revocation date:
19 Apr 2026
Announced: 20 Mar 2026
Import ban
Recent update from 23 Mar 2026:
On 20 March 2026, the US Department of the Treasury’s Office of Foreign Assets Control issued General License U, providing a specific authorisation for the safe handling of Iranian-origin crude oil...
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Announced: 20 Mar 2026
Foreign customer limit
Recent update from 23 Mar 2026:
On 20 March 2026, the US Department of the Treasury’s Office of Foreign Assets Control issued General License U. The license authorises transactions ordinarily incident and necessary to the sale, d...
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Announced: 20 Mar 2026
Controls on commercial transactions and investment instruments
Recent update from 23 Mar 2026:
On 20 March 2026, the US Department of the Treasury’s Office of Foreign Assets Control issued General License U, authorising transactions ordinarily incident and necessary to the sale, delivery, or...
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Threads
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Policy responses to the 2026 Iran conflict
This thread collects government interventions that alter the conditions of international commerce in response to the armed conflict involving Iran and the associated disruption to energy transit through the Strait of Hormuz. Documented measures include tariff changes, export restrictions, capital controls, and domestic subsidies among others. These actions affect cross-border energy, food, and ind...
Published: 19 Mar 2026
288
interventions
56
jurisdictions
Liberalising Trade Policy Measures
This Thread tracks liberalising trade policy interventions affecting all products. Covering all types of interventions monitored by Global Trade Alert, it highlights how the yearly number of these measures has evolved over time.
Published: 04 Sep 2024
14468
interventions
186
jurisdictions