Egypts Economical Impact

      While Egypt may not have the best economy in the world, they definitely have one of the biggest impacts on the rest of the world. With the impacts of the Suez Canal and with the use of gas and oil pipelines, Egypt has an enormous effect. With 22% of the worlds container traffic going through the Suez Canal, Egypt is a major trading dock for items moving between Asia and Europe. As crude oil prices soar and availability lessens, Egypt has begun to shuttle natural gas to surrounding countries in addition to still being a major oil exporter. Egypt is a very important middle-man in keeping the world's economy intact.