Shags101
Trusted Member
The Suez Canal is a primary source of foreign currency for Egypt, with record-breaking revenues reaching $9.4 billion in the fiscal year ending June 2023. However, due to regional security challenges and Houthi attacks in the Red Sea, revenues fell significantly in 2024, with some reports indicating a 50% decline or a loss of nearly $800 million per month.
Looked up how much the Egyptians make from the Suez Canal I don’t know the amount of ships go through the straits versus the suez but I would assume Iran and Oman would make a nice chunk of change
Looked up how much the Egyptians make from the Suez Canal I don’t know the amount of ships go through the straits versus the suez but I would assume Iran and Oman would make a nice chunk of change





