00:00Egypt's President Abdel Fattah al-Sisi welcomed Saudi Arabia's Crown Prince Mohammed bin Salman to Cairo on Tuesday for talks
00:09on regional security.
00:11Last week, Houthi rebels seized control of Yemen's Red Sea coast and the Bab al-Mandeb Strait.
00:18The strait is a key shipping route and a gateway to Egypt's Suez Canal.
00:23It's become vital to Saudi oil exports since Iran blocked the Strait of Hormuz due to the Middle East war.
00:32Saudi pipelines to Egypt have been disrupted by a recent drone attack.
00:37Egypt is also suffering huge losses, with revenues from the Suez Canal about half of what they were in 2023.
00:47Riyadh has vowed to respond firmly to the Houthi attacks, measures Cairo said it would support.
00:55Houthi is a key shipping route.
Comments