As Iranbacked forces block the Strait of Hormuz, refiners race to reroute US Gulf crude through the Panama Canal paying historic premiums just to pass through.
Hormuz Blocked, $4 Million For Panama Crossing, And US Crude Exports Rising
As Iranbacked forces block the Strait of Hormuz, refiners race to reroute US Gulf crude through the Panama Canal paying historic premiums just to pass through.
Published: 22 April 2026
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