1,000 Ships Stuck: The Hormuz and Red Sea Dual Chokepoint Is Hitting Developer Hardware Supply Chains
The Strait of Hormuz and Red Sea are both blocked. Over 1,000 commercial vessels are stranded. VLCC rates are up 94%, freight up 250%, maritime insurance premiums are 10x. Here is what this means for server hardware procurement, data center builds, and developer supply chains in 2026.