Suez Canal
Found 5 recent publications
Houthi Advance Threatens Egypt's Suez Canal and Vital Economic Interests
The advance of the Houthis near Bab al-Mandab threatens Egypt's Suez Canal, jeopardizing billions in annual revenues and dealing a severe blow to the Egyptian economy.
Suez Canal Revenues Jump 42% in July Amid Red Sea and Gulf Trade Shifts
Suez Canal revenues jumped 42% in July to $505 million as Saudi Arabia diverted oil exports and stranded ships paid to return north. Despite the rebound, earnings remain far below 2023 peaks.
From military alliance to the Suez Canal: The major deal building between Cairo and Ankara
Ankara seeks to include Egypt in a new defense agreement with Saudi Arabia and Pakistan, but Cairo is leveraging this rapprochement to promote investments, a Turkish industrial zone in the Suez Canal, and an increase in bilateral trade to $15 billion.
China Launches New Sea Route — A Blow to the Egyptian Economy
A Chinese container ship has set sail for Europe via the North Pole. This move allows Beijing to bypass the Suez Canal and halve the journey time, following disruptions in the Bab-el-Mandeb Strait.
The war with Iran has become a war for the American empire | Terry Newman
The United States' war against Iran has become a war of no choice, because at stake is the American ability to control the sea, which is the fundamental condition for superpower status.