The Suez Canal Today
The canal is owned and operated all by Suez Canal Authority, controlled by the Arab Republic of Egypt.In 2007, 18,193 ships passed through the Suez Canal. This canal provides a shortcut for ships traveling between both European and American ports and ports located in southern Asia, eastern Africa, and Oceania. This canal is really important to the U.S. because it's the traveling route of gas to our country, without this we would be paying approximately a dollar to a dollar and fifty cents for gas.
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