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Foreign Ministry: Shift from Hormuz to Bab al-Mandeb hits Suez revenues
The article includes statements from Ambassador Nader Zaki, spokesperson for the Ministry of Foreign Affairs, which emphasize the importance of the unity of the international community in ending the conflict in the Middle East. It particularly highlights the impact of the shift of conflicts from the Strait of Hormuz to the Bab el-Mandeb Strait on the Suez Canal revenues and Egypt's economic losses. He clarified that the escalation of conflicts directly harms global trade and oil exports, and specifically affects Egypt's economy. He called for solidarity with Saudi Arabia and support for its efforts to confront daily assaults, stressing the need to maintain communication with the concerned parties to resolve crises and reduce international losses.
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