This route is also vital for the Asian markets. Over 80% of the oil and LNG transported through this strategic chokepoint goes in Asian markets. Major economies such as China, India, Japan, and South Korea depend heavily on this critical chokepoint. This route is also vital for the Asian markets. Over 80% of the oil and LNG transported through this strategic chokepoint goes in Asian markets. Major economies such as China, India, Japan, and South Korea depend heavily on this critical chokepoint.