The following is the May 2, 2023, Congressional Research Service report, Egypt: Background and U.S. Relations,
From the report
Historically, Egypt has been an important country for U.S. national security interests based on its geography, demography, and diplomatic posture. Egypt controls the Suez Canal, which opened in 1869 and is one of the world’s most critical maritime chokepoints, linking the Mediterranean and Red Seas. As of 2023, an estimated 12% of global trade, including 7% of the world’s...
https://news.usni.org/2023/05/10/report-to-congress-on-egypt-and-u-s-relations