Unknown / Black Swan

The threat to cut main submarine internet cables in the Straits of Hormuz and Bab Al-Mandab presents a significant Black Swan risk due to its potential to disrupt global financial transactions and disable stock markets. This action would have cascading effects on global economies, potentially leading to a financial crisis. The strategic importance of these locations for global internet infrastructure means that such an event could have widespread and unpredictable impacts, affecting everything from international trade to national security. Given the complexity and interconnectivity of global financial systems, this threat is particularly alarming and difficult to mitigate, warranting a high-risk assessment.