How can one waterway be so essential to the world of oil and energy trading? The Strait of Hormuz, connecting the Persian Gulf to the Gulf of Oman, is known as the world’s most important oil transit chokepoint due to the massive volumes of fuel that pass through it daily. The passageway has been in the headlines lately due to escalating tensions between Iran and the U.S. – plus several other nations. Test your basic knowledge of the strait in this short quiz!
You don’t know too much about the region. But that’s alright; it’s only started to regain attention. Stay up on the news and you’ll be caught up in no time!
Nice job! You know a thing or two about the Strait of Hormuz. Keep following the news to learn more.
Congrats! You’ve been following the news and know some of the history behind the Strait of Hormuz and the world’s oil trading patterns.