MAY 2, 2024 JLM 59°F 09:43 PM 02:43 PM EST
The main victim of the Houthi terrorism in the Red Sea?

The Houthis' threat to shipping traffic in the Red Sea is not an Israeli problem, and there is one other country in the region that has felt it well in its coffers, even if at the moment in a relatively minor way. 

This is Egypt. 

Today it was announced that during November, when the Houthi attacks against "Israeli" ships began, 2,264 ships passed through the canal, compared to 2,345 ships in the previous month, i.e. October 2023. 

This is a decrease of 3.5%. The decrease in the number of ships also results in a damage to Egypt's revenues from the Suez Canal: in November they amounted to 854.7 million dollars, compared to 880.1 million dollars in October, a decrease of about 3%.
 
At the moment the Suez Canal is experiencing a decrease in relatively small numbers but it should be remembered that the Houthi attacks began towards the end of last month (November 19) and at the beginning of this week it seems that there was an escalation.

NEWSRAEL: The BIG question here is: If the Houthi sea attacks continue and the loos of revenue to Egypt deepens - will Egypt intervene militarily?

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Comments
Selina 08:23 07.12.2023
Will Egypt intervene military? It should. But it will probably wait, while their people suffer economically. The Arabs & Egyptians seem to see this sort of violence as: same old crap, different day.
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