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 cross boats through the Panama Canal to dodge ongoing chaos in the Strait of Hormuz, which has created a seismic shift in global trade flows.

Apr 24, 2026 - 10:00
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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 cross boats through the Panama Canal to dodge ongoing chaos in the Strait of Hormuz, which has created a seismic shift in global trade flows.

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