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“Teenconomics” is a blog designed to explore and explain economic concepts through the lens of a teenager’s everyday experiences and observations. The blog aims to make economics approachable and relevant to a young audience by linking economic theories to familiar scenarios and current events.

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The 33-Kilometre Corridor That Holds the World Hostage

Picture this: somewhere in the Persian Gulf, a tanker the length of four football fields is sitting dead in the water. Its crew hasn’t moved in weeks. It’s carrying enough crude oil to fill two million car tanks. And it’s not going anywhere — not because of a storm, not because the engine broke down — but because of a strip of sea so narrow that in some places, you could theoretically see both shorelines. That strip of sea is the Strait of Hormuz. And right now, it is the most consequential piece of geography on the planet. A strait is simply a narrow channel of water connecting two larger bodies. The Strait of Hormuz connects the Persian Gulf — home to the world’s most oil-rich nations — to the Gulf of Oman and, from there, to global markets. At its narrowest, it is about 33 kilometres wide. Shipping lanes run through just a fraction of that: two corridors, each roughly 3 kilometres across, one for incoming vessels and one for outgoing. Through those two lanes, before this war began, passed roughly 20% of the world’s oil and 20% of its liquefied natural gas every single year — about 3,000

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On a Sunday evening in early May, India’s Prime Minister stood at a public event in Hyderabad and said something no Indian leader has quite said before. He asked 1.4 billion people to change how they live — work from home, use public transport, carpool, cancel international holidays, stop buying gold. He compared the moment to the COVID-19 pandemic. Not a natural disaster. Not a domestic emergency. A war being fought in the Persian Gulf, thousands of kilometres away, had gotten so bad that the Prime Minister of India was treating it like a national crisis. And here’s the thing: he was right to. Most Indians don’t think much about where their petrol comes

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Picture this: somewhere in the Persian Gulf, a tanker the length of four football fields is sitting dead in the water. Its crew hasn’t moved in weeks. It’s carrying enough crude oil to fill two million car tanks. And it’s not going anywhere — not because of a storm, not because the engine broke down — but because of a strip of sea so narrow that in some places, you could theoretically see both shorelines. That strip of sea is the Strait of Hormuz. And right now, it is the most consequential piece of geography on the planet. A strait is simply a narrow channel of water connecting two larger bodies. The Strait of

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