The Panama Canal is running out of water, threatening the global supply chains and industries that depend on it.
WSJ takes you inside the canal’s operations to understand what this means for the future of this vital shipping route.
It could make your winter heating bills more unpredictable too, particularly if you live at the end of long and vulnerable fuel supply chains.
Prices for Brent crude, the main global benchmark, are down about $9 a barrel, or about 10%, since mid-September.
But Asian propane LPG prices are lower only by 3%, data from Argus Media shows, trading around $665 per metric ton in late November.
Brent, Argus Media