Back

The Hormuz Strait Crisis Drives European Energy Prices to Their Highest Levels Since 2015

March 3, 2026اقتصاد – الشروق أونلاينechoroukonline.comTranslated from Arabic
The Hormuz Strait Crisis Drives European Energy Prices to Their Highest Levels Since 2015

The Spanish newspaper 'La Razón' reported that natural gas prices in the European market nearly doubled within 48 hours, following the Iranian threat to close the Hormuz Strait and the escalation of attacks in the Arabian Gulf region, leading to a sharp rise in global energy markets. According to the newspaper, the price of natural gas in Europe rose by 24% today, exceeding 57 euros per megawatt/hour, which represents nearly double its value in just two sessions, amid fears of supply disruptions through the strait that carries about a third of the world's gas and oil trade. Read the full content on Echourouk Online.

Share on social media

Related Articles

إقتصاد - الشعب

Algeria is the top supplier of naphtha to Korea

Algeria ranked first among naphtha suppliers to the Republic of Korea in the first half of 2026, with a share of over 17 percent of the country's imports, according to data from the Korea International Trade Association (KITA).

Sep 13, 2026echaab.dz
Workers appear before import and disappear after!

Workers appear before import and disappear after!

The declaration of social insurance interests then disappearing in three months and returning at the beginning of July coincided with the period of processing import files, including workers, capacities, and demand size... All data became comparable. Sources from the foreign trade sector revealed striking numerical indicators that appeared during the analysis of data from some companies involved in import files, most notably the registration of workers with social security services during the period from January to March 2026, before the declarations of workers completely disappeared during April, May, and June, then returned again starting from July and continued until the end of September, coinciding with the period known for the submission and study of program files.

Sep 13, 2026echoroukonline.com

News Disclaimer: Articles are curated from third-party sources for informational purposes. We do not verify or endorse the accuracy of third-party content.