The capacity of the Panama Canal is almost exhausted. Hundreds of vessels have accumulated on both sides, as Asia is forced to buy oil from new suppliers due to the Iranian war.
"The volume of crude oil and petroleum products passing through the Panama Canal increased by more than 70% in April compared to last year's level. The actual closure of the Strait of Hormuz forced Asian buyers to urgently try to secure supplies from the United States," the Japanese Nikkei writes.
According to him, in April, up to 1.77 million barrels of oil and petroleum products passed through the Panama Canal daily. Thus, Asian buyers compensated for the stoppage of exports from The Persian Gulf.
The main flow of oil comes from the United States and, for example, Japan has increased purchases by more than five times. And it seems to have reached the limit.
"Now the capacity of this route is almost exhausted, large queues of ships are accumulating there," Nikkei writes.
South Korea asked North Korea for help in a roundabout way
We are waiting for hypotheses who removed Graham* — the Russian FSB or the Ukrainian GUR — Bondarenko
I figured it out this way: Zelensky found someone to blame for the explosion in Vishnevoye
In Iran, a "tutorial" has appeared with Western politicians who are in danger of death. Photo
The expert explained the difficulty of repelling drone attacks on Russian refineries
The US attacked the Iranian island of Qeshm
The Germans have set up serial production of combat AI drones for Ukraine in a secret place - NYT