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The Panama Canal, a crucial artery in global trade, is set to experience a significant increase in vessel transits following an extended period of restricted passage due to a severe lack of rainfall. According to the canal's authority, the number of daily transits will rise to 35 starting August 5 and increase to 36 in September.

Drought-induced restrictions, implemented in response to inadequate rainfall affecting Gatun Lake, the canal's water source, have reduced throughput by approximately 15 million tons this year.