Strait of HormuzGlobal TradeMaritime Choke Points
Mar 21, 2026A Monthlong Closure of Hormuz Will Bankrupt Countries (w/ Sal Mercogliano)
The Strait of Hormuz, a critical global trade choke point, is now under de facto Iranian control, leading to economic disruption, humanitarian crises for seafarers, and a potential restructuring of global trade patterns if the closure persists.