Egypt Suffers Massive Suez Canal Revenue Losses Amid Gaza War Disruptions
EGYPT: Egypt has incurred an estimated $10 billion loss in Suez Canal revenues due to disruptions linked to the Gaza war. Attacks on shipping routes, particularly around the Bab al-Mandab Strait, have significantly reduced vessel traffic through the canal. The canal, a major source of foreign currency, has seen a sharp decline in usage as [...]