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    U.S. offers to help open Suez Canal, sees potential impact on energy market



    Pippa Stevens reports the Suez Canal remains blocked with about $900 billion dollars worth of goods are held up. She joins ‘Closing Bell’ to discuss. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi

    The White House said Friday that the U.S. has offered to help Egypt in its ongoing efforts to free a massive cargo ship stuck in the Suez Canal.

    “We are tracking the situation very closely,” press secretary Jen Psaki told reporters, noting that the blockage appears to be taking a toll on energy markets.

    “As part of our active diplomatic dialogue with Egypt, we’ve offered U.S. assistance to Egyptian authorities to help reopen the canal,” Psaki said.

    “We are consulting with our Egyptian partners about how we can best support their efforts. So those conversations are ongoing and hopefully we’ll have more to say about that soon,” she said.

    The Ever Given, one of the world’s largest shipping vessels, has blocked all traffic along the critical trade route since running aground more than three days earlier.

    At about 400 meters in length, the ship is nearly as long as the Empire State Building is high.

    Some fear it could take weeks to clear the canal, which handles around 12% of global trade. That prospect is starting to impact the economy and disrupt international supply chains.

    “We do see some potential impacts on energy markets from the role of the Suez Canal as a key bidirectional transit route for oil, and obviously that’s one of the reasons we offered assistance from the United States,” Psaki said Friday.

    “We are in close consultation with the Egyptians about that,” she said, adding, “We’re going to continue to monitor market conditions and we will respond appropriately if necessary, but it is something we’re watching closely.”

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    View 21 Comments

    21 Comments

    12. amvorv21 on

      I can't do anything with these people I can't fight them as long as I'm alone, every day the people around me are always hurting me and I will hear bad and hurtful words and ugly words and they insult me from people who are greedy and look like money. even though I know in myself that I am telling the whole truth because it is true in my heart that I am telling the truth but I am not able to tell or spread it to others. you are the one who helps and is kind and generous to others you are still evil in their eyes. it is from your feelings and my will to provide my help and distribution and contribution for covid19 responses and the climate change response and the unicef ​​charity's foundation response. almost more than a year too and this covid19 I still have almost no stopping or days, weeks and months I will give you help to them because human beings and their lives are much more important than my life. days, weekly, weeks and months to give my service assistance to my contribution to covid19 response, climate change and UNICEF charity's foundation, I don't have to tell these people that I provide assistance and distribution and contribution to covi19 because secrets services if called. 10,12 times or more in a month and every month I will continue and relentlessly provide assistance to them and non -stop providing assistance to my citizens for more than a year. of this pandemic in my secrets services just to help me somehow save people's lives during times of famine and starvation, poverty caused by this pandemic covi19 and climate change. the pain they speak and are oppressed with ugly words and rude words regarding me and my gender as a transgender. Everywhere I go there are people who speak badly and speak too much badly about me. they are serious and they are all too much as if they are not human because of their animal behavior towards me in the public…

    16. jeff strong on

      Looks like Japan fcked the world again blocking the world trades after they dumped Fukushima radiation water to Pacific Ocean. Telling the world that 30MPH wind moved 220,000 tons cargo ship that is 2x size of US super carrier is lie by Japanese. Can mouse move an elephant? LOL Why is it always ships made by China and Japan always causing trouble every year.

    20. Keung Pang on

      The Egyptian are not that stupid. If they agree the US will send in there army. After they finished. getting them to leave will takes years of persuasion.

    21. Mark Jose on

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