Latest / South Korea News Today | 2 Min News | The Daily News Now!
El Niño Drives Canal Price Surge | South Korea News
SK Gas just paid a record $5.7 million to rush a gas tanker through the Panama Canal—thanks to a brutal drought fueled by an extreme El Niño, which has slashed daily ship slots and sent prices soaring from $55K to triple that. With Iran’s instability pushing more cargo through the canal and scientists warning this El Niño could last until February, the ripple effects are global: skyrocketing shipping costs, rising food prices, and a stark reminder of how weather, trade, and geopolitics are now deeply entangled. Listen in comfort:Get a discount on a Soli Pillow…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.