Failed peace talks and the ongoing disruption at the Strait of Hormuz reminded the world what a chokepoint looks like.
Failed peace talks and the ongoing disruption at the Strait of Hormuz reminded the world what a chokepoint looks like. Oil spiked.
The Dow dropped. Investors scrambled for safe havens. Then, just as quickly, the tension eased again.
This kind of week forces a question: what other chokepoints are hiding in plain sight? There’s one that could make Hormuz look manageable in one sense. Oil has dozens of global suppliers.