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咽喉要道的新时代

全球商业为何依赖于过少的关键地点和不足的治理体系

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    • 由于地缘政治压力和碎片化的治理，全球商业在关键咽喉要道面前的脆弱性日益加剧。
    • 由于地缘政治压力和碎片化的治理，全球商业在关键咽喉要道面前的脆弱性日益加剧。 图片来源：PIXABAY

    Lubna Qassim and Jens Hillebrand Pohl

    Published Sat, Feb 28, 2026 · 07:15 AM

    本文由AI辅助翻译

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    伊朗最近对霍尔木兹海峡的部分封锁，再次暴露了全球商业在少数狭窄通道上是何等脆弱，极易受到干扰。

    全球约五分之一的石油和很大一部分海上贸易仅通过霍尔木兹海峡。当紧张局势导致这些动脉通道收紧时，能源价格、运费、保险费和企业资产负债表几乎会立即作出反应。

    霍尔木兹海峡并非个例。全球经济依赖于少数几个关键通道，包括苏伊士运河、巴拿马运河和马六甲海峡，这些通道共同承载了全球一半以上的海上贸易。

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