Posted inThe Stream

The Stream, August 18, 2026: Falling Water Levels in Panama Canal Send Shipping Costs Surging

● Falling water levels in the Panama Canal are spurring million-dollar auctions amongst shipping companies desperate to send their tankers through the trade route.

● An aquifer in California drained so quickly during the 2020-2022 drought that it permanently lost the ability to hold water.

● Experts fear global grain shortages as Ukraine and Russia continue to target major crop export ports on the drying Danube River and Black Sea.

● Invasive carp were found in an Illinois River just 80 miles away from Lake Michigan, the nearest discovery of its kind since monitoring efforts began in 2010.

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