The Suez Canal Crisis: A Review
A single ship that became stuck in a constrained area of the Suez channel in March 2021 caused the channel to be closed for many days. The obstruction had a severe impact on global financial markets and immediately halted all international commerce through the canal.
This served as a sobering reminder of how easily mistaken actions by seemingly ordinary people can have serious consequences. The globe cooperated with Egyptian officials to immediately clear the passage because this incident was an accident. What transpires, though, if it is not an accident? In 1956, this is what happened.
When Egypt was still a British territory, in 1869, the Suez Canal was completed significantly earlier. It had a
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