With the situation in Egypt continuing to border on sheer chaos, many wonder what approach the US will take, so far having demonstrated its inability to decide how to swallow the humiliation of having a US-backed regime get swept away in a military coup while it continues supporting the country with both money and weapons. But while the State Department dithers, its head busy boating somewhere off the coast of Massachussetts, the US military is not wasting much time, and appears to be amassing a naval presence just off the coast of Egypt. No need to worry, though: Egypt's Ahram reports that "the US Embassy in Egypt denied Saturday that US naval vessels near Egypt's shores are sent in preparation for military action. A top Marine Corps general said Thursday that two US marine vessels approached Egypt's Red Sea shore, raising concerns in the Egyptian media about an imminent military move."
"We deny false claims in the Egyptian press that US naval ships are in the vicinity of the Arabian Peninsula and the Suez Canal to militarily invade Egypt," read a statement issued on the US embassy's website."
Joking aside, it is a given that preserving the Suez Canal is of paramount importance for the US, if not so much for a quick transit access for cargo between the Mediterranean and the Indian Ocean, but to preserve access to the US 5th Naval Fleet based in Bahrain. Because once that is cut off, there goes quick and easy naval support for Israel operations in and around Iran.
Revenues from Egypt's Suez Canal rose 1 percent in May from a year earlier to $438.1 million, the State Information Portal said on Thursday.
In May 2012 the figure was $434.6 million, while in April 2013 it was $406.1 million.
The waterway is one of the country's main sources of foreign currency, along with tourism, oil and gas exports and remittances from Egyptians living abroad.
On May 1, Egypt raised the fees paid by ships passing through the Suez Canal in an effort to boost revenue as the economy struggles to fend off a currency crisis.
Something tell me you are also right that when Syria goes that whole region will be set on fire, its gonna be all one big distraction/smoke screen and the complete middle east will be taken in one move.