The Iran war is going to drive up the cost of data centers—and maybe shut down some projects

The ongoing war in the Middle East continues to embroil new participants—from residential properties in Dubai to protestors in Iran getting caught in the crossfire of drones and missiles.

And at the same time, global trade is slowing to a crawl, thanks to the effective shutdown of the Hormuz Strait, through which 11% of all global trade passes.

Yet another sector finding itself in the firing line—literally—is data centers. A number of them in the region have been hit by enemy strikes during the two-week war...