The term "choke point" is gaining prominence as a way to describe critical bottlenecks affecting global markets and supply chains. These choke points are becoming more significant as the international economic order shifts due to increased competition and conflict. Currently, the Red Sea represents a major choke point, with Houthi militants threatening vital shipping lanes. This situation has led to increased oil flows through alternative routes, but the disruption poses a risk to global energy prices. The concept extends beyond physical geography to include economic choke points like control over critical resources, technology, or financial systems. The AI buildout is also facing choke points, with shortages in key components and infrastructure hindering its expansion. This interdependence, fostered by an era of free trade, is now proving fragile as countries employ protectionist measures. McKinsey has even released guidance for businesses on navigating these economic dependencies with limited substitutes. Historically, physical choke points have been crucial levers of power, as demonstrated by ancient conflicts. While "bottleneck" remains a more common term in business discussions, "choke point" is increasingly being used to articulate the specific risks associated with these critical vulnerabilities.