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Originally posted by behindthescenes
We are now witnessing what appears to be a military coup in Egypt.
I, for one, feel that perhaps a military junta ruling that country is a better scenario -- especially for Israel -- than the Muslim Brotherhood. That said, I caution that this situation could -- I EMPHASIZE COULD -- lead to a uncontrolled conflagration that may have the hallmarks of WWIII.
The worry is the Suez Canal. If internal Egyptian violence spirals into a civil war, the military may fear influence (much like is happening in Syria) from outside forces, particularly al Qaeda adherents who will try and infiltrate the country to fight for the Brotherhood. To prevent this, the military could block the canal to restrict access to Egyptian territory.
And that will spark an oil crisis.
We're already seeing the markets start to factor in this anxiety with the price of oil jumping in a matter of hours.
If the Suez is blocked, there is a strong likelihood of outside military response - most likely US. And if China or Russia were to throw in support with the Egyptian military (as Obama, for better or worse, has supported Prez Morsi), that could throw the worlds' superpowers into a possible naval standoff in the canal.
Add to that the usual meddling of Iranian intelligence, and you could have a crock pot filled with disaster.
Granted we have made it through countless potential Mideast conflict sparks since 9/11 -- including the Israel-Hezbollah conflict. Let's hope this is just another one of those come and go conflicts.
The worry is the Suez Canal. If internal Egyptian violence spirals into a civil war, the military may fear influence (much like is happening in Syria) from outside forces, particularly al Qaeda adherents who will try and infiltrate the country to fight for the Brotherhood. To prevent this, the military could block the canal to restrict access to Egyptian territory.
And that will spark an oil crisis.
To prevent this, the military could block the canal to restrict access to Egyptian territory.
A new Egyptian crisis arena: the Egyptian and Israeli armies Friday, July 5, raised their alert levels on either side of the Sinai border after the Muslim Brotherhood declared Sinai its center of revolt and revenge for the Egyptian army’s ouster of Mohamed Morsi as president Wednesday, July 3.
Following a multiple Islamist attack in northern Sinai, the Egyptian army went on high alert in the Suez and North Sinai provinces. The Sinai border crossings to the Gaza Strip and Israel were closed. The army spokesman in Cairo denied declaring an emergency – only a heightened alert.
Israel has imposed a blackout on news from this tense region, but DEBKAfile reports reinforcements were sent in Friday to boost the IDF units standing ready along the Egyptian border.
Egyptian forces also shut down all three underground passages running from the mainland to Sinai under the Suez Canal. Egypt’s Third Army was deployed to secure them, under the command of Maj. Gen. Osama Askar.
Further measures imposed for guarding Suez Canal cargo and oil shipping against possible rocket fire from central Sinai included the stationing along its banks of Patriot anti-missile batteries and anti-air weapons systems, according to DEBKAfile’s military sources.