Through which strait, almost 40 percent of world’s oil supply is transported:

Through which strait, almost 40 percent of world’s oil supply is transported:

  • (A) Hormuz
  • (B) Malacca
  • (C) Bosporus
  • (D) Gibraltar
The Strait of Hormuz is the world’s most critical oil bottleneck. Every day, approximately a fifth to a quarter of the world’s oil and gas traded worldwide via ships passes through this strategic waterway. Although the usual citation gives a large percentage, the latest data gives it a percentage of 20% to 25% of the world’s consumption.
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Related MCQs:

 ‘NATO’ is an abbreviation of:

  • (A) North Atlantic Treaty Organization
  • (B) Non-Aligned Treaty Organization
  • (C) Non-Aligned Trading Organization
  • (D) North American Transport Organization

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