The Suez Canal is very important. It reduces shipping times between Asia and Europe and the east coast of the Americas.
None. You may be thinking of the Suez Canal that ships use to travel from Africa to Asia.
Europe and Asia
The Suez Canal is and was used to for transportation of goods/supplies and people. When the Suez Canal was built, it was meant for transporting goods from South Asia to Europe. The Suez Canal was originally built by the French, but Great Britain bought it from them when it was completed and the canal became an important foothold in WWI and WWII.
no...Europe and Asia
the point is to reduce the distance to from Europe to Asia
The Suez Canal is a seaway connecting the Mediterranean Sea and the Red Sea. This acts as a quick waterway to sail from Europe to Africa and/or Asia, or vice versa.
The Suez Canal allows wider European commerce with Asia. The Suez Canal connects the Mediterranean to the Red Sea, and therefore to the Indian Ocean. It is valuable as a shortcut to Middle East oil supplies, although many of the largest modern tankers are too big for the Canal.
Europe and Asia
The Suez Canal connects the Red Sea and the Mediterranean Sea. Ships use the Suez Canal as a shortcut between Asia and Europe and the Americas. Thanks to the Suez Canal, they do not have to use the time or fuel to sail all the way around Africa just to get to Europe.
The Suez Canal allows cargo ships to get from Asia to Europe without having to go round the tip of Africa. This saves a lot of time and money.
The shortest maritime access between Continental Europe and the Indian subcontinent is via the Suez Canal. This path is through the Mediterranean to the Red Sea, Arabian Sea and Indian Ocean.