Trade
Egypt’s Suez Canal Authority Says Monitoring Tensions in Red Sea
- Several major shipping lines are avoiding trips near Yemen
- Houthi rebels are targeting ships they say have Israeli ties
Sunrise beyond commercial shipping at the entrance to the Suez Canal in Suez, Egypt.
Photographer: Islam Safwat/BloombergThis article is for subscribers only.
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Egypt’s Suez Canal Authority said it’s “closely following” tensions in the Red Sea and any impact on canal crossings, after Yemeni militant attacks on vessels hundreds of miles to the south prompted major shipping lines to temporarily avoid the region.