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cairo  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 damaged Wednesday by two ballistic missiles fired by the northern Yemen-based Houthi group, which says it is attacking Western ships in solidarity with Hamas militants fighting Israel. Because of such attacks, many ships that normally pass by Yemen, headed to or from the Suez Canal, now avoid the area and take the longer route around the Horn of Africa. That is cutting deeply into Egypt's revenue from ships passing through the canal and is just the latest challenge to the country's economy, Egyptian President Abdel Fatteh el-Sissi said. First, el-Sissi said, were the two years of the COVID-19 pandemic. Then the Russia-Ukraine conflict

United kingdomRed seaDjibouti generalSuez canalAs suwaysIsrael generalAl iskandariyahUnited statesJoshua landisPaul sullivanAbdel fatteh el sissiJapan university of scienceUniversity of oklahomaAtlantic councilIranian houthiSea champion