Back

The war in the Middle East reduces oil production by 6.7 million barrels per day and warnings of catastrophic consequences

March 10, 2026AL24 | الاقتصادal24news.dzTranslated from Arabic
The war in the Middle East reduces oil production by 6.7 million barrels per day and warnings of catastrophic consequences

Oil production cuts in the Middle East are widening as the vital Strait of Hormuz remains nearly shut down, increasing chaos in energy markets, amid warnings from major producers of catastrophic consequences. The war in the Middle East, which has entered its second week, and the effective closure of the main export route, along with the resulting filling of storage facilities, have led major producers to cut oil production.

Share on social media

Related Articles

APS | تجارة وخدمات

Delegation of State Property Representatives to Sign Economic Land Lease Contracts

Algeria - The process of expanding the powers of public administration representatives at the one-stop shops of the Algerian Investment Promotion Agency continues, through the delegation of State Property Administration representatives to prepare and sign lease contracts for economic land, as part of simplifying administrative procedures and accelerating the realization of investment projects.

Jul 19, 2026aps.dz
Important Statement from the Tax Directorate

Important Statement from the Tax Directorate

The General Directorate of Taxes announced in a statement today, Sunday, July 19, the extension of the deadlines for filing declarations 'J 50', 'J 1', and 'J 12'. The Tax Directorate informed all taxpayers subject to the real profit system and the single flat-rate tax system under the Directorate of Large Enterprises, tax centers, neighborhood tax centers, and tax inspections that the deadlines for filing declarations J 50, J 1, and J 12 have been extended as follows: View the full content on Echourouk Online.

Jul 19, 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.