The Panama Canal is suffering from a water crisis caused by El Niño. The Canal Authority estimates losses of up to 648 million euros this year.

40% of the container traffic of goods destined for the U.S. crosses through the Canal. Climate change is opening a new route: the melting of ice by global warming is creating a new natural waterway that could connect Asia with Europe, North America and the Middle East through the Red Sea. The military response by the United States and the United Kingdom has expanded the conflict in Yemen.