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Will Iranian sea corridor compete with Suez Canal?

Iran has announced a sea corridor for commercial exchange with Russia and India as an alternative to the Egyptian Suez Canal, which raises questions about the impact this corridor will have on one of the main national economic resources in Cairo that has been severely affected by the coronavirus pandemic.

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This picture, taken Nov. 17, 2019, shows the Liberia-flagged container ship RDO Concord sailing through Egypt's Suez Canal in the canal's central hub city of Ismailia on the 150th anniversary of the canal's inauguration. — KHALED DESOUKI/AFP via Getty Images

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