Iran Policy Tracker

Energy/maritime crisis — Hormuz blockade/tolls/ultimatums/10-pt fees, Kharg/petrochem/power plants, oil shocks $105-114+, sanctions threats, UAE demands

Energy/maritime crisis — Hormuz blockade/tolls/ultimatums/10-pt fees, Kharg/petrochem/power plants, oil shocks $105-114+, sanctions threats, UAE demands

Key Questions

What was Trump's ultimatum on the Strait of Hormuz?

Trump's 48-hour ultimatum expired, threatening 'hell' and energy strikes if Hormuz stays shut. Iran rejected it, calling peace talks incompatible with threats.

What is Iran's stance on reopening Hormuz?

Iran rejects temporary ceasefire for Hormuz reopening and ties it to sanctions relief. Zarif demands halt to attacks first.

What is the status of the Pakistan Accord phase 1?

Pakistan's Islamabad Accord eyes phase 1 for Hormuz, but Iran rejects it without full attack halt. UAE demands Hormuz access guarantees in any deal.

How is Iran enforcing Hormuz tolls?

IRGC collects transit fees in yuan and cryptocurrency from 26+ vetted vessels. US waiver has boosted traffic despite blockade.

What impacts the energy crisis?

Kharg and South Pars damage, oil prices at $105-114+, UK-led 40-country sanctions push, and UAE demands exacerbate the crisis. Zarif links relief to Hormuz.

Trump 48hr ultimatum expired (energy strikes); Iran rejects reopen/temp truce/phase1, 10-pt eyes Hormuz fees ($2M/ship); UAE: guarantee in deal; IRGC tolls (26+ vessels); US waiver boosts traffic; Kharg/South Pars/petrochem (Mahshahr/Assaluyeh) damage; Zarif ties to relief; UK 40-country sanctions push.

Sources (7)
Updated Apr 8, 2026
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