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What is the basis of Aden's economy?

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Little Aden peninsula has the city's main industrial district and is the site of a large oil refinery; the manufacture of soap, cigarettes, and salt is also important.... Aden, a free port since 1850, has been the chief entrep™t and trading center of S Arabia since ancient times. It enjoyed commercial importance until the discovery (late 15th cent.) of an all-water route around Africa to India. With the opening of the Suez Canal (1869), Aden regained its importance and again became a major trading center and also an important refueling stop; the harbor was deepened to accommodate the largest vessels able to use the canal. Aden's economy, which depends heavily on canal traffic, suffered from the closing of the canal during and after the 1956 and 1967 Arab-Israeli wars... [After Southern Yemen and Yemen unitedj] Aden was designated its economic capital.

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