Egyptian President Abdel Fattah al-Sisi previously estimated that disruptions could cost Egypt up to $7 billion in lost Suez Canal revenue in 2024.

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In 1956, a global crisis erupted as Britain and France clashed with Egyptian President Nasser over the Suez Canal. What followed ... ‘You’re going to live on beans and rice’: An Arizona ...

An investigation is ongoing to determine how they collided, but the official noted that the area they were in near the Suez Canal is typically very densely packed with ships. The Besiktas-M ...