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How Algeria Benefits from the Middle East War and the Closure of the Strait of Hormuz

March 8, 2026اقتصاد – الشروق أونلاينechoroukonline.comTranslated from Arabic
How Algeria Benefits from the Middle East War and the Closure of the Strait of Hormuz

An 18% increase in oil revenues and a 3% rise in gross domestic product. The crisis will accelerate the trans-Saharan gas pipeline, with operations expected to start in 2029. The success of diversifying Europe's supplies depends on African gas lines. The African Petroleum Producers Organization (APPO) outlined the aspects from which Algeria and several African countries can benefit due to the ongoing war in the Middle East and the closure of the Strait of Hormuz, one of the most important fossil energy corridors in the world, where an increase in Algeria's oil revenues by about 18% and a rise in gross domestic product by three percentage points are expected, in addition to accelerating the implementation of the trans-Saharan gas pipeline project between Algeria and Nigeria via Niger due to the current crisis.

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