It's one choke point after another in the global economy

Jul 24, 2026 · 9:10 AM UTC · 0 reactions · 0 comments · 22 views

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"Choke point" is having a moment. Why it matters: The term is an increasingly popular shorthand for the bottlenecks tying up the oil market and the AI buildout — and sometimes the entire economy — as the old global economic order gives way to intensifying competition and outright war. Where it stands: The latest choke point is in the Red Sea. Saudi Arabia has been routing more oil there via pipeline, bypassing the OG choke point in the Strait of Hormuz. Now, Iranian-backed Houthi militants are t

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Canonical URL	https://www.axios.com/2026/07/24/choke-point-oil-strait-economy
Publication time	Fri, 24 Jul 2026 09:10:04 +0000
Retrieval time	2026-07-24T09:22:35.386Z
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