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With the Strait of Hormuz choked by war, the Panama Canal reaps the benefits

The Panama Canal has increased LNG transits by about 4 to 5 vessels daily due to war disruptions in the Strait of Hormuz and improved water levels after El Niño, officials said.

Summary by KIFI
By Elizabeth González, Max Saltman, CNN (CNN) — With fuel and freight prices skyrocketing as war chokes the Strait of Hormuz, the Panama Canal is seeing more business than usual. The canal, which connects the Atlantic and Pacific oceans at a narrow point between North and South America, is receiving a “slight increase” in vessels, according to the Panama Canal’s deputy administrator, Ilya Espino de Marotta. “The latest thing we’ve seen is an inc…

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Lean Left

With the Strait of Hormuz choked by war, the Panama Canal reaps the benefits

With fuel and freight prices skyrocketing as war chokes the Strait of Hormuz, the Panama Canal is seeing more business than usual.

·Atlanta, United States
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Center

It Suffers Middle East, Panama Increases Its Revenues: by the War in Iran, Traffic Increases in the Channel

In the midst of the chaos over the conflict in the Middle East and its impact on the rise in the price of the barrel of oil and its derivatives, the Panama Canal is opening its way as one of the beneficiaries of the...

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KEYTKEYT
Center

The Middle East Suffers, Panama Increases Its Revenue: Due to the War in Iran, Traffic Through the Canal Grows.

By Elizabeth González, CNN en Español Amid the chaos of the conflict in the Middle East and its impact on the rising price of oil and its derivatives, the Panama Canal is emerging as one of the beneficiaries of the situation. Currently, there is a "slight increase" in ship traffic through the interoceanic waterway, according to Ilya Espino de Marotta, Deputy Administrator of the Panama Canal, who spoke to CNN. "The latest we've seen is an increa…

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KEYT broke the news in on Thursday, March 12, 2026.
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