The number of oil tankers crossing Egypt’s Suez Canal surged by almost a third in April and drove revenue to the highest since early 2024, as the closure of the Strait of Hormuz spurred an alternative Red Sea energy route.
Source: [Bloomberg Markets](https://www.bloomberg.com/news/articles/2026-06-10/suez-canal-gets-oil-tanker-boost-amid-hormuz-strait-shutdown)