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Panama Canal sees spike in vessel traffic due to war in Middle East

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PANAMA CITY, ‌April 28 (Reuters) - The ​Panama Canal Authority, an ⁠autonomous agency that runs the major freight ​channel through Central America, on ‌Tuesday said the U.S.-Iran war in the Middle ⁠East should cause ⁠more shipments to travel through the canal.

"The expectation is that this ‌will continue until the ⁠situation in ‌the Middle East ​is resolved," the agency's finance chief Victor ‌Vial said at ​a ⁠meeting, noting that since ‌October the ⁠canal had registered some 300 vessels crossings compared ​with the ‌same period last fiscal ⁠year.

(Reporting by ​Elida Moreno, Editing by ​Natalia Siniawski)

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