I discovered a new shortcut, which ranks in my top 5!

The shortcut selects the current scope (string, body, ...), and selects the parent when used again.

Visual Studio Code: Shift+Alt+RightArrow
Visual Studio: Ctrl+W
JetBrains: Ctrl+W

See it in action:
https://www.youtube.com/watch?v=-u1DuJi8mXU