It's always a good idea to take one of the few allies we have in the region, and kick them in the teeth.
Bu!!$#it. How many of our middle eastern/muslim "allies" have kicked us in the teeth by not allowing us to base our filthy infidel airforce on their holy soil for the Iraq war? I recall at least two, Saudi and Turkey. And how many of our middle eastern/islamic "allies" have been burning down our embassies and attacking Western hotels and interests over the cartoons? Do Jordan and Turkey come to mind?
If disallowing a commercial port takeover for national security reasons "offends" their sensibilites" SCREW THEM. Besides, they will just take their 6.5 billion dollars and buy some other American concern anyway, (but hopefully not one that could involve national security).