Suez Canal Chief Says Red Sea Crisis Did Not Create Sustainable Route to Replace Canal

CAIRO, Feb 19 (Reuters) – Suez Canal Authority Chairman Osama Rabie said on Wednesday that the Red Sea crisis did not create a sustainable route to replace the canal, adding that there were positive indicators for the return of stability in the region.

Iran-backed Houthi militants have attacked vessels in the Red Sea area since November 2023…