WRAPUP 6-Drone Strike at Egypt Port Near Suez Canal Ignites New Shipping Risks
The strike on the US-owned Energos Winter and a second vessel renewed concerns over a key route for Saudi oil exports, analysts said.
- On Wednesday, an unidentified drone struck two gas vessels at Egypt's Damietta port, sparking fires on the US-owned Energos Winter. Egypt's cabinet confirmed the incident on Thursday, noting no group has claimed responsibility.
- The incident marks a potential new front in the expanding US-Iran war, as Iran-aligned Houthis declared a maritime embargo against Saudi Arabia on July 20, opening a new front against the US and its allies.
- As the Strait of Hormuz remains largely stalled, Saudi Arabia has diverted significant oil shipments north toward the Suez Canal and the SUMED pipeline, according to market intelligence firm Kpler data essential for maintaining energy exports to Asia.
- Iranian Foreign Minister Abbas Araqchi wrote on social media that "Egypt is an important friend and partner in the region," while denying any involvement in the Damietta strike and warning against alleged Israeli plots.
- Recent Houthi attacks prompted London's marine insurance market to widen its "high risk" zone in the Red Sea to include more coastline adjacent to Saudi ports, as analysts warn these developments threaten to draw additional Middle Eastern countries into the conflict.
48 Articles
48 Articles
Winona Daily News
War in Middle East appears to expand
DUBAI, United Arab Emirates — A drone strike on gas vessels in Egypt's Mediterranean port of Damietta signaled a potential new front in the U.S.-Iran war, raising the prospect of threats to navigation through the Suez Canal, one of the…
The Suez Canal comes to focus after an attack. In Europe, "it could arouse concern that the Iran war approaches them closer," warns an expert.
With the exchange of fire, Iran is aiming its missiles at increasingly distant targets. Whereas initially the Gulf States, across the Strait of Hormuz, were bombarded with missiles, they are now primarily aimed at Jordan. Egypt was also hit for the first time. Despite all the tensions and wars in the region, Egypt seemed to remain unscathed. Because the country does not host American bases, it was not on Iran's list of targets in the Middle Eas…
Iran FM accuses Israel of false flag after mystery drone strike on...
Iran is suggesting that Wednesday's unprecedented drone attack on a US-owned gas-processing vessel moored at Egypt's Mediterranean port of Damietta was a false flag. Even within hours of the incident first being reported by Egyptian authorities, which merely described an industrial fire of unknown cause, the incident was shrouded in mystery and contradictory reports. Some reports pointed to the Iranians, while others alleged the Houthis may have…
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