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Businesses dole out up to $4 million to cross Panama Canal during Strait of Hormuz chokehold
PANAMA CITY (AP) — Businesses have doled out as much as $4 million for last-minute plans to move boats through the Panama Canal in recent weeks, the Panama Canal Authority says, as Iran war's ...
Panama Canal fees have surged to $4 million due to the ongoing Hormuz blockade, while the market for Strait of Hormuz traffic ...
Average auction prices to pass the canal have nearly tripled as carriers hedge against the Iran war, with one company paying ...
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