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News & Current Events Apr 24, 2026 at 11:38 AM

Businesses dole out up to $4 million to cross Panama Canal during Strait of Hormuz chokehold

Posted by chadpierce89

Businesses dole out up to $4 million to cross Panama Canal during Strait of Hormuz chokehold
AP News
Businesses dole out up to $4 million to cross Panama Canal during Strait of Hormuz chokehold
Businesses have doled out up to $4 million to send ships through the Panama Canal while trying to avoid the Iran war's risks and effective closure of the Strait of Hormuz.
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DrThunderbolt 1 day ago
For probably the first time in centuries, countries are considering circumnavigating the globe for more favorable shipping routes.
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