Tougher fishing restrictions and serious regional depletions are also expected to push prices higher as the dark red flesh grows rarer.

Despite strong scientific evidence that marine reserves benefit both the fishing industry and the environment, globally less than two per cent of the sea has any kind of fishing restrictions.

These fishing restrictions could prove beneficial for the fish in the upper gulf as well as the vaquita.

The dispute arose because of a difference in fishing restrictions between the two countries.

It enforces the annual fishing moratorium, protected fish reserves, and other fishing restrictions.