As Middle East Tensions Escalate, Increased Demand for Panama Canal Makes Tolls in Crisis Auctions Soar

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Issue Apr 15-21 2026: As the crisis in the Middle East continues to worsen, Panama is witnessing an uptick in the number of ships using the Panama Canal, with some ships paying up to US $4 million in an auction system to secure a reservation to transit the waterway, well above the average toll of US $130,000.

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