Panama Canal tolls see sharp surge amid Strait of Hormuz Blockade

Transit fees in the Panama Canal have risen since the Middle East conflict and the blockade of the Strait of Hormuz began, according to the Panama Canal Authority.
The canal has witnessed increased demand to move vital cargo.
The average price in an auction before the conflict was in the $135,000-$140,000 range.
However, since the conflict began, this rose to as much as $385,000 during March and April.