Card 1
Which single factor makes the Strait of Hormuz most critical to global energy markets?
It carries a large share of the world’s seaborne oil exports through a narrow chokepoint.
Explanation
Because so much crude oil and LNG must pass through a very narrow passage, any disruption can rapidly spike global energy prices.
Common mistake
Confusing it with the Suez Canal as the main route for general Europe–Asia trade.