John C. Dvorak from the No Agenda Show floated the idea that the Iran backed Houthis are working for the U.S. to pressure Egypt to take the Gazan refugees. Israel has been moving the surviving population south in Gaza and clearly trying to force them out of Gaza by destroying most everything, and I have a previous post about how there are billions of dollars in natural resources off the coast of Gaza. But the telling part, the U.S. military is not striking Houthi bases in Yemen. The pressure is being applied by starving Egypt of Suez Canal revenue as ships are avoiding the route, and the Reuters piece below shows that Egypt made $9.4 billion dollars last year. In this BBC report of the large container ship that ran aground blocking the canal, they were reported to be losing $14-15 million per day, and they have since raised the fee. So as is often the case, things aren’t exactly as they are portrayed, and it’s just another war for profit over natural resources with no regard for the loss of life. And perhaps this is Iran cooperating to preserve their nation, as the OCGFC did have plans to conquer Iran.
Suez Canal annual revenue hits record $9.4 billion, chairman says
CAIRO, June 21 (Reuters) – Egypt’s Suez Canal Authority has seen revenues reach a record $9.4 billion in the current financial year, which ends on June 30, up from $7 billion in the previous year, Chairman Osama Rabea said on Wednesday.
“For the first time in the canal’s history, the authority has achieved revenues of about $9.4 billion,” he told reporters.
The chairman added that 25,887 ships have passed through the canal so far in the current financial year, the authority’s web site cited him as saying at the same conference. He said around 23,800 passed through the previous year.