The wars in Iran and Ukraine show how the drone tech revolution makes it easier — and cheaper — to interrupt energy supplies by striking refineries and oil tankers.
Why it matters: It's an important reason why oil traded at $100 per barrel this week and gasoline and diesel fuel are so expensive these days.
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.
