Trade
Panama Canal Traffic Spurs $4 Million Line-Jumping Payment
A container ship crosses the Cocoli Locks at the Panama Canal in Panama City.
Photographer: Tarina Rodriguez/BloombergTankers and cargo ships are facing three-and-a-half day waits to enter the Panama Canal as the Iran war sparks a surge in traffic, prompting one vessel to plunk down an extra $4 million to jump to the front of the line.