Why Control of the Suez Canal Matters
Why Control of the Suez Canal Matters
- Location: Connects Mediterranean to Red Sea; ~12% of global trade passes through.
- Time: Avoids Cape of Good Hope, saving time and fuel.
- Volume: Accommodates massive container ships and tankers.
- Revenue: Transit fees are a major Egyptian income source.
- Geopolitics: Source of regional conflict (Egypt-Israel wars, U.S. interventions).