Why some companies are paying more than $1 million to get through the… | HappeningNow.news

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Why some companies are paying more than $1 million to get through the Panama Canal

With the Strait of Hormuz effectively closed, pressure on the Panama Canal has increased.

Source NPR AI Summary Updated 1h 53m ago
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With the Strait of Hormuz effectively closed, pressure on the Panama Canal has increased. And combined with lower water levels, transit prices through the canal are soaring.

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