Re:Suez Canal says traffic in channel resumes after stranded...
by azernik on Monday March 29, 2021 @05:48PM
(#26628640)
Both a) and b) would require a real increase in tensions. Israel and Egypt have a cold peace, with several common enemies/interests; the prospect of a direct military confrontation is nil, and neither side will go out of their way to harm the other economically.
I can't see Egypt approving an alternate canal that Israel would have any control over, but I could absolutely see Israel going in on a chance to a) take business from Egypt and b) add a defensive feature along that border.