The Suez Canal Crisis-History Background and its Importance

The Suez Canal is a critical chokepoint and vital global trade route, handling roughly 12% of the world's seaborne trade. However, the ongoing conflict in Yemen poses a serious threat to the stability and security of this maritime lifeline.

In this video, we explore how the fragile situation in Yemen, including the blockade of the port of Hodeidah and attacks on shipping in the nearby waters, is creating a crisis for the Suez Canal. We examine the potential economic fallout if the Suez Canal were to be disrupted, including supply chain bottlenecks, skyrocketing shipping costs, fuel price shocks, and widespread shortages of essential goods around the world.

Through expert interviews and analysis of trade data, we unpack the geostrategic significance of the Suez Canal, the delicate balance of power in the region, and the urgent need for diplomatic solutions to safeguard this critical artery of global commerce. This video serves as a wake-up call about the vulnerability of the global economy to regional conflicts and the importance of ensuring the uninterrupted flow of goods through the Suez