#Hormuz_Strait is considered one of the most important maritime passages in the world, and represents a major crossing point for oil exports from the Arabian Gulf to global markets. It is of great importance to Egypt.. A large percentage of the ships passing through the Strait of Hormuz use the Suez Canal to reach the Mediterranean Sea, which increases the canal's revenues, making it one of the most important sources of hard currency for Egypt. Closing the strait means a significant halt in the movement of oil and goods coming from the Arabian Gulf and Asia heading to Europe, which could lead to a decrease in navigation traffic in the Suez Canal.

Any disturbance in the Strait of Hormuz could affect global oil prices, and thus Egypt's energy imports, especially since Egypt relies on part of its oil and gas consumption from the Gulf.