The Washington Post published on 21 January 2026 an article titled "How Egypt Is Reviving the Suez Canal after Maritime Attacks Sank Traffic" by Claire Parker and Heba Farouk Mahfouz.
Attacks beginning in 2023 by the Houthis in Yemen on international shipping in the Red Sea interrupted maritime traffic through the Suez Canal, forcing most ships to reroute around the Cape of Good Hope. The Suez Canal provided Egypt in 2023 with $10.2 billion in revenue and accounted for 12 to 15 percent of global maritime trade.
The Houthis have ended most attacks, maritime traffic is increasing, and Suez Canal revenue for Egypt is picking up. If the Gaza ceasefire holds, international shipping through the Red Sea and Suez Canal is expected to increase further, adding to Egyptian revenue.
