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Chokepoints Under Siege: Is Global Trade on the Brink?

Chokepoints Under Siege: Is Global Trade on the Brink?

Sputnik Africa

Chokepoints Under Siege: Is Global Trade on the Brink?Iran’s closure of the Strait of Hormuz has sent shockwaves through global markets—oil prices have surged... 18.03.2026, Sputnik Africa

2026-03-18T22:55+0100

2026-03-18T22:55+0100

2026-03-18T23:04+0100

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Chokepoints Under Siege: Is Global Trade on the Brink?Iran’s closure of the Strait of Hormuz has sent shockwaves through global markets—oil prices have surged past $100, with warnings they could hit $200 if tensions escalate. With key routes disrupted and ships stranded, fears of shortages and rising inflation are growing worldwide. But could new mega-projects reshape the future of global trade? Watch Sputnik Africa’s latest video to explore alternative routes protecting a system where nearly 80% of global trade moves by sea.Subscribe to @sputnik_africa Sputnik Africa | X

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