Connectivity trends and Red Sea volatility signal only partial recovery for Egypt

plans to widen the Suez Canal in the wake of the Ever Given blockage in March. Source SCA.

The security and economic dynamics surrounding the Red Sea and the Suez Canal are undergoing a period of recalibration, driven by recent geopolitical developments, naval deployments, and economic responses from Egypt.

Egypt’s Foreign Minister Badr Abdelatty, in an exclusive with Lloyd’s List, emphasized a material improvement in Red Sea security, largely credited to a ceasefire in Yemen brokered with US and Omani support.

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