Red Sea Conflict Hits Egypt, Other Parts of the Region - New Delhi Times - India's Only International Newspaper - Empowering Global Vision, Empathizing with India

Egypt's economy is facing serious hurdles after revenue from the country's most strategic asset — the Suez Canal — has dropped by nearly half. Attacks by the pro-Iranian Houthi militia group on ships passing by Yemen has made merchant ships avoid the Red Sea and the canal. The Greek-flagged grain ship Sea Champion was slightly…

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