Panama Canal bottle neck. Supply chain issue to grow?


https://www.reuters.com/world/americas/panama-canals-bottleneck-eases-some-vessels-detour-2023-08-22/

Panama Canal is reducing the amount of cargo that can go through. It’s getting better but the issue is the drought of the lakes that feed the canal so it might be ongoing.

A lot of oil and goods travel through it and the backlog could cause a dent in prices, like oil.

Not sure how big the issue is but haven’t seen much news about it.


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