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economicMay 12, 2026

Oil shipments through Panama Canal up 74% due to situation around Iran — newspaper

Summary

TOKYO, May 12. /TASS/. Shipments of oil and petroleum products through the Panama Canal between the Atlantic and Pacific Oceans climbed by 74% this April compared to the 2025 average due to the disruption of shipping flows caused by the blockade of the Strait of Hormuz.

Source: CurrentsAPI — Read the full report

Actors involved

USIran

Sources

  • CurrentsAPI

    TOKYO, May 12. /TASS/. Shipments of oil and petroleum products through the Panama Canal between the Atlantic and Pacific Oceans climbed by 74% this April compared to the 2025 average due to the disruption of shipping flows caused by the blockade of the Strait of Hormuz. These shi…

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