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This is how Algeria is redefining its position in the global energy market

May 26, 2026اقتصاد – الشروق أونلاينechoroukonline.comTranslated from Arabic
This is how Algeria is redefining its position in the global energy market

A report from 'Business Insider Africa' predicts that Algeria will emerge as one of the main beneficiaries in the global energy market, should the disruptions in the Strait of Hormuz continue for a period ranging from one to three months before winter, which could exacerbate the gas crisis in Europe and drive prices to high levels. According to the report, Algeria recorded a significant jump in crude oil exports in April 2026, with shipments to Spain increasing by 106% to reach 116,000 barrels per day compared to 56,000 barrels previously, while exports to the United States rose by 40.6% to 102,000 barrels per day. View the full content on Echourouk Online.

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