After the Suez Canal incident, the Panama Canal is facing a similar situation, with ships now paying tolls almost eight times higher due to drought.

On a recent day, more than fifty ships—from cargo ships loaded with food to tankers transporting propane—were waiting to pass through the Panama Canal. Longer wait times are the result of the canal's operator reducing the number of crossings due to a protracted drought. Ships now pay tolls that are almost eight times more expensive than th...