Continued disruptions in the Strait of Hormuz for several months could lead to oil losses ranging from 315 million barrels to 1.38 billion barrels, and an increase in Brent crude prices to levels exceeding $100 per barrel, with liquefied natural gas prices in Europe rising to around €65 per megawatt-hour in the worst-case scenario. The strait controls the passage of about 25% of global maritime oil trade and 20% of liquefied natural gas trade, making markets vulnerable to sharp fluctuations if the disruption continues. Read the full content on Echourouk Online.
Ouargla - Today, Wednesday, in the provinces of Menia and Ghardaia, preparations continue to commence the construction of the railway line from Laghouat to Tamanrasset, through intensifying field monitoring and assessing the readiness of the logistical and technical means allocated for this project, under the supervision of local authorities.
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Béjaïa Port has set a new record in handling bulk cargo, unloading 15,153.60 tons of corn within 24 hours, in an operation conducted directly from the ship to the trucks, according to the Béjaïa Port Authority (EPB). The authority stated in a press release that the operation was carried out at berth number 21, starting from the ship 'BUNUN TREASURE' coming from Santarém, thus breaking the previous record set at the port. View the full content on Echourouk Online.
echoroukonline.comMoscow - Representing the President of the Republic, Mr. Abdelmadjid Tebboune, the Prime Minister, Mr. Saïfi Ghrib, participates in the third Russia-Africa Summit and the Economic and Humanitarian Forum, which commenced today, Wednesday, in the Russian capital, Moscow.
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