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Wael Al Nahas News Today : Breaking News, Live Updates & Top Stories | Vimarsana

What are Cairo s Options to Confront Impact of Red Sea Tensions on Suez Canal?

Official statements in Egypt about a 60 percent decline in revenues from the Suez Canal have renewed questions about Cairo’s options to confront the impact of Red Sea tensions on the canal. While some experts talked about diplomatic routes, others stressed that the Egyptian effort has limited results due to complex political obstacles that have led to these tensions, mainly the war in Gaza. Minister of Finance Mohamed Maait, said that the Suez Canal revenues declined by 60 percent.

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