Hormuz blockade drives Panama Canal fees up to $4m
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Source: Middle East Eye
Published: 2026-04-25 11:59 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Media, World News, Business & Economy
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Snippet:
Shipping companies are paying up to $4 million for last-minute transit through the Panama Canal as the effective closure of the Strait of Hormuz disrupts global routes, according to Associated Press.
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