Straits of It: Hidden Chokepoints and Whiplash IT
🌊 The Chokepoint We Don’t See
The Strait of Hormuz is a name you have been hearing frequently over the last few months, but not one that you likely heard a lot about before the current conflict started between the United States and Iran. It is geographically a very small body of water that controls a very large portion of the flow of global energy, roughly one-fifth of global oil in 2024. When that narrow passage is disrupted, the effects do not remain local. They ripple through energy prices, financial markets, supply chains, and household budgets.