We/Trump is trying to enlist Egypt in getting the Middle East agendas working - Gaza, and extending the Abraham accords, and Egypt has been losing millions due to ocean shipping avoding routes via the Suez canal.
Thus, J.D. Vance was wrong. It was not about “bailing out western Europe” that needs that commerce via the Red Sea more than we do. It was about Egypt, and Egypt, the largest Sunni population in the Middle East, is and will be a regional counterweight to both the Mullahs of Iran (Shia Muslims) and fundamentalist Erdogan in Turkey. J.D. vance did not know of what he spoke.
Good observation