Why the Strait of Hormuz is important to the world?

On any normal day, this 21-mile-wide stretch sees a parade of crude, LNG, and cargo heading to the world’s gas tanks and store shelves. Roughly 1 in 5 barrels of global oil passes through here – so when Iran rattles its sabers, markets don’t just flinch, they panic. A single missile, mine, or wrong move could jam the entire energy supply chain.