Suez Canal Security On “High Alert” Amid Escalating Tensions
by Tyler Durden
ZeroHedge.com
07/02/2013
The chairman of the Suez Canal Authority is coordinating a “high alert” military response as protests escalate against President Morsi. The army and navy stepped up patrols of the 190-kilometer (118-mile) canal linking the Red and Mediterranean seas about a week ago, he said. “Closing the canal outright would be very difficult without the support of the military,” Barclays notes as the army and navy steps up patrols of the 190km canal. While unrest that toppled Hosni Mubarak, Mursi’s predecessor, failed to halt traffic last year, fewer vessels passed along the canal. An average of 1,435 ships a month used the link, the lowest figure since 2005. So far, traffic is “normal and has not faced any disruptions.”
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