Friday, July 5, 2013
Suez Canal Threat
A huge concern with tumult in Egypt is maintaining the access to and security of the Suez Canal. Egypt is not a major producer of oil but much of the region's petroleum does transit through the Canal. Any number of radical forces would love to injure the welfare of the Egyptian people and push the cost of gasoline up all over the world by sabotaging the easier route that man-made marvel provides. Further international intervention in Egypt might ensue if the Suez Canal comes under threat.