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Rodrigo Noriega

Coverage of Rodrigo Noriega in the Nexus archive.

Earliest in view: Apr 24 · 06:53 UTCMost recent: Apr 24 · 06:53 UTC
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  • BUSINESSApr 24 · 06:53 UTCAP NEWS
    Businesses dole out up to $4 million to cross Panama Canal during Strait of Hormuz chokehold

    Businesses are paying up to $4 million to transit the Panama Canal as geopolitical tensions block the Strait of Hormuz, causing a surge in demand and rerouted global trade. The Panama Canal Authority reports auction fees for urgent passage have spiked to $425,000 on average, with a fuel company paying $4 million to redirect a shipment to Singapore.

Rodrigo Noriega · Dossier · The Nexus