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Maritime chokepoint attacks disrupt global trade, raising costs and forcing shipping route changes.

Market News
30 Jul 2026
CNBC
View Source
Bearish
Maritime chokepoint attacks disrupt global trade, raising costs and forcing shipping route changes.

Attacks and threats in key maritime chokepoints like the Strait of Hormuz, Red Sea, Black Sea, and Sea of Azov are disrupting global shipping routes that carry about 80% of world trade by volume. These disruptions increase insurance and freight costs, delay cargo, and raise prices for energy, food, and consumer goods worldwide. The use of drones and missiles in these areas marks a new form of maritime warfare, with significant impacts on Russian exports and global food supplies. Shipping companies are adapting by rerouting, managing inventories, and preparing for ongoing uncertainty, while experts warn the Panama Canal could become the next major flashpoint in global shipping tensions.

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Equitable Holdings directors sell shares amid mixed institutional holdings changes

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