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The Suez Canal Crisis
Opened in 1869, the Suez Canal took 10 years to construct. 12% of world commercial trade and 2.5% crude oil passes through the Suez Canal each day. 50 ships pass through the canal every day. 1.03 billion tons of cargo passed through the canal in 2019.  The Suez Canal is one of the most crucial waterways in the world strategically and economically.
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