The Financial Times reports that daily transit operations in the Panama Canal have surged by 20% since the onset of the conflict with Iran. This increase suggests a shift in global shipping patterns, likely driven by heightened demand for alternative routes amid geopolitical tensions. The primary channel at play is supply disruption, as traders seek to mitigate risks associated with Iranian shipping routes. Commodities markets, particularly oil and gas, are most exposed due to their reliance on secure transit routes. Traders will be closely watching shipping data and any further developments in the Iran conflict for potential impacts on global supply chains.
Financial Times on Panama Canal manager: Daily transit operations in the canal have increased by 20% since the start of the war with #Iran
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