🔁Mario Nawfal:
🚨🇪🇬 SUEZ CANAL LOSING $800M A MONTH AS RED SEA ATTACKS DISRUPT SHIPPING
Egypt’s President Sisi says the Suez Canal is taking an $800M monthly hit, as ships dodge the Red Sea due to ongoing Houthi attacks.
With vessels rerouting around Africa, Egypt could lose $7B in 2024 alone—a major blow to its economy.
Meanwhile, the Houthis are doubling down, threatening new attacks on U.S. and Israeli ships after deadly U.S. strikes in Yemen.
Source: Reuters
https://x.com/MarioNawfal/... https://x.com/MarioNawfal/...
🚨🇪🇬 SUEZ CANAL LOSING $800M A MONTH AS RED SEA ATTACKS DISRUPT SHIPPING
Egypt’s President Sisi says the Suez Canal is taking an $800M monthly hit, as ships dodge the Red Sea due to ongoing Houthi attacks.
With vessels rerouting around Africa, Egypt could lose $7B in 2024 alone—a major blow to its economy.
Meanwhile, the Houthis are doubling down, threatening new attacks on U.S. and Israeli ships after deadly U.S. strikes in Yemen.
Source: Reuters
https://x.com/MarioNawfal/... https://x.com/MarioNawfal/...
1 month ago
