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Algeria at the Heart of Spain's Energy Security Equation Amid Middle East Turmoil

May 23, 2026اقتصاد – الشروق أونلاينechoroukonline.comTranslated from Arabic
Algeria at the Heart of Spain's Energy Security Equation Amid Middle East Turmoil

The Spanish newspaper 'La Razón' revealed that Algeria is emerging as one of the key pillars in ensuring energy security for Spain, amid rising geopolitical turmoil in the Middle East and its impact on oil and gas markets, as Madrid relies on diversifying supply sources to reduce risks associated with strategic corridors such as the Strait of Hormuz. According to an analysis published by the newspaper, Spain depends on a diverse mix of energy imports, with a clear decrease in reliance on Gulf suppliers, as the share of oil coming from that region does not exceed 10%, while the share of natural gas is less than 2%, which enhances Algeria's increasing role as one of the most important gas suppliers to the Spanish market within a diversified supply system.

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