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Today's Paper | April 25, 2026

Published 25 Apr, 2026 10:31am

Hormuz blockade drives up price for speedy passage through Panama Canal

Companies have paid out up to $4m for last-minute passage of their vessels through the Panama Canal in recent weeks to cope with the effective closure of the Strait of Hormuz, The Associated Press (AP) news agency reports, citing canal authorities.

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