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Thursday, November 26, 2009

Thwarted Terrorist Plot Highlights Importance of Suez Canal to Oil Trade

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Since its completion in 1869, the Suez Canal has been one of the world’s most important waterways. By connecting the Red Sea to the Mediterranean, it allows ships to travel directly to Europe and beyond from the Middle East.

The Suez Canal still holds great importance today. According the U.S. Energy Information

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