Analysis-Drone strike in Egypt sparks security concerns about Suez oil exports

A drone strike in Egyptian waters damaged two gas tankers, raising security concerns about the Suez Canal and the Sumed pipeline, critical oil export routes for Saudi Arabian oil since the Iran war began. The attack follows ongoing Houthi and Iranian attacks on tankers in the Strait of Hormuz and Bab el-Mandeb, though Egypt's routes were previously considered safer.