Suez Canal revenue rose 42% in July as Houthi threats in the Red Sea pushed Saudi oil tankers to reroute through Egypt.

Suez Canal revenue rose 42% in July as Houthi threats in the Red Sea pushed Saudi oil tankers to reroute through Egypt.

The Suez Canal experienced a striking 42% increase in revenue during July, attributed to the rerouting of maritime traffic caused by the closure of the Strait of Hormuz and…