Commodities: Egyptian bloodbath threatens crucial routes for oil and gas supplies

telegraph.co.uk ^ | 9:33PM BST 18 Aug 2013 | Garry White, and Emma Rowley

[BenLurkin]

Egypt plays a vital role in international energy markets through the operation of the Suez Canal and the Suez-Mediterranean (Sumed) pipeline. These are vital pieces of infrastructure in the global oil market.

Last year, about 7pc of all seaborne traded oil and 13pc of liquefied natural gas (LNG) travelled through the Suez Canal, according to data collected by the US Energy Information Administration (EIA).

[BenLurkin]

The last thing the saner Egyptians will allow is for the Suez to close.

[SoothingDave]

If the Brits and us aren’t in position to take control of the canal, then we’re really stupid.

[RayChuang88]

NOBODY in Egypt wants to close the Suez Canal--it's a huge moneymaker for the country.

[Paladin2]

With the crazed Muzzie Bros involved, I think we need a Pyramid Futures Market.

[familyop]

Europeans want lower oil prices and are demanding the destruction of Israel in order to get more oil from Europe’s most favored allies: radical Islamist nations.

[thackney]

Loss of the Muslim’s most hated enemy, would not create peace, but have them move their next enemy into more focus.

[RaceBannon]

Obama goes to war to keep the Suez open?

ONLY WITH EUROPEAN HELP!

Can we say, RISE OF THE EUROPEAN ANTI-CHRIST??

[MeshugeMikey]

given the rather disperceptive state of the MOBROS...can we really be certain that they wont blow up the INFIDEL BUILT Canal just for giggles?

[MeshugeMikey]

“Peace Peace they said”

[lightman]

Adding this to the late August mix of hurricane season and the Labor Day gas price runup will be like pouring gas on a fire.

[RayChuang88]

Here’s the issue: the fees collected from ships using the Suez Canal is probably the biggest moneymaker for Egypt. The Muslim Brotherhood is not going to miss out on that source of revenue.

[MeshugeMikey]

if youre confortable with giving them credit to think rationally.. fine

they are first and foremost militant muslimes and that doesnt say much for their mental capacity in my book.

Slum dwelling blacks...often burn down their own neighborhoods and I would place the MorBros is a somewhat similar category ...

RAGE..before THought?

[SunkenCiv]

Thanks BenLurkin.

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A map of the Sahel region showing where Al Qaeda operates (AFP/Graphic)

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Iran Deploys Troops, Ballistic Missiles To Eritrea

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[familyop]

Well said.