February 24, 2025 08:46 GMT
ENERGY: Suez Canal Use Gains in February Following Ceasefire
ENERGY
– SUEZ CANAHigher numbers of vessels are using the Suez Canal in February following the recent Israeli ceasefire according to canal officials on Sunday.
- 47 ships have been rerouted from Cape of Good Hope to Suez Canal since the start of February, Egypt's Suez Canal Authority chairman Osama Rabe said.
- The Houthi’s said they would only attack Israeli linked ships following the ceasefire, opening the route for global trade though many remain cautious.
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