Damietta Strike Puts Suez Canal โ Saudi Arabia's Last Export Route โ at Risk
๐ข SUEZ โ Damietta just closed Saudi Arabia's last clean shipping escape route. ๐ LOOK CLOSER: Hormuz blocked, Bab al-Mandeb under Houthi threat โ Suez was the only corridor keeping Saudi crude moving west. A Damietta strike signals the route was targeted deliberately. European importers absorbing Hormuz premium now face Suez risk too. If this corridor falters, the $128 analyst ceiling becomes a floor.