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Algeria at the Heart of the New Transformation of Oil and Gas Markets

March 14, 2026اقتصاد – الشروق أونلاينechoroukonline.comTranslated from Arabic
Algeria at the Heart of the New Transformation of Oil and Gas Markets

An analysis by the energy consulting firm 'Energy Capital & Power' showed that the military escalation between Iran, the United States, and the Zionist entity is bringing African oil and gas back to the forefront of global energy markets, with North African producers, led by Algeria, emerging as safer alternative supply sources amid Gulf disruptions. The report explained that tensions in the Strait of Hormuz, through which about 20% of global oil passes, and attacks on energy infrastructure have led to market volatility and temporarily pushed crude oil prices above $115 per barrel, prompting international buyers to seek alternative suppliers outside the Gulf region. View the full content at ...

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