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Event Brief

Businesses pay up to $4 million to cross Panama Canal

Businesses have paid up to $4 million to move boats through the Panama Canal to avoid Strait of Hormuz disruption.
WHO: Businesses
WHAT: doled out up to $4 million to cross boats through the Panama Canal
WHEN: Apr 24, 2026 at 1:28 AM ET
WHERE: Panama Canal
WHY: to dodge ongoing chaos in the Strait of Hormuz
How this story developed (showing 2 of 2 earlier reports)
Sources (2): ABC News, The Independent

How this brief is built: The BriefBrief correlates multiple sources into one evolving event brief, updated as new facts emerge.

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