Answer:
Why is the Suez Canal important? The Suez Canal is among the most important waterways in the world, and it links the Mediterranean with the Red Sea and shipping lanes to Asia. ... The canal's importance in global trade led the Egyptian government to order its expansion in 2014.
1. The Red Sea became one of the main routes for oil and trade between Europe and the East especially after the Kingdom of Saudi Arabia decided to export its oil via that sea for security and safety reasons. 2. It serves as a major trade outlet for its coastal states, especially Sudan, Ethiopia, Jordan and Israel.
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