Around 15% of global trade passes through the Suez Canal, and the blockage was costing it up to $15 million a day. The ship has now been towed to a lake outside of the Suez for technical inspection.

WASHINGTON, - US President Donald Trump has called for free passage through the Panama and Suez Canals for American warships ...

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Servant Health LLC is urging the US Supreme Court to consider whether the US Department of Veterans Affairs improperly ...

He served as the first prime minister of Israel in 1948. Egypt blocked Israeli vessels from accessing the Suez Canal from ...

This action blocked Hong Kong-based CK Hutchison's plans ... at both ends of the Panama Canal and some facilities near the Suez Canal as well and was being spearheaded by BlackRock CEO Larry ...

"I've asked Secretary of State Marco Rubio to immediately take care of, and memorialize, this situation!" the president wrote ...

CAIRO (AP) — Egypt's revenue from the Suez Canal plunged by almost two thirds last year, officials said Wednesday, attributing the sharp drop to regional tensions and wars in the Middle East ...

The canal is a major source of foreign currency for the Egyptian government, with about 10% of world trade flowing through the waterway in recent years. The Suez Canal Authority, which runs the ...