These are Algeria’s gains from the American-Zionist aggression against Iran – the new Algeria

The Zionist-American aggression against Iran has created a state of turmoil in global energy markets. The Iranian blockade of the Strait of Hormuz, through which about 20 percent of the world’s crude oil passes, has led to the decision of many importing countries to search for producers far from the conflict, and Algeria is at the forefront of the countries benefiting given its proximity to one of the largest energy consuming markets, which is the Old Continent.

While global trade in goods is severely affected by the war in the Middle East, Algeria may benefit from a sharp slowdown in oil and gas exports from Gulf countries, following Iranian strikes and Tehran’s blockade of the Strait of Hormuz since last Monday. After the meeting of the twelve member states of the Organization of Petroleum Exporting Countries (OPEC) and the other ten producing countries over the weekend, Algeria plans to increase its production by 60,000 barrels per day, to reach 980,000 barrels per day.

This development constitutes an unexpected gain for Algeria, especially with the price of a barrel of Brent crude exceeding $90 per barrel at the close on Friday, and it may reach, at this rate, $100 at the beginning of this week if the war lasts and gas prices double. This is a level not seen since February 2022, when the war began in Ukraine.

Since Monday, Iran has threatened to target any ship that attempts to cross the Strait of Hormuz, increasing the risk of a complete closure of this vital waterway, through which 20 percent of the world’s crude oil and liquefied natural gas passes. This has disrupted the exports of Gulf countries producing hydrocarbon resources. Algeria intends to seize this opportunity. Algeria decided to direct its oil shipments to four importing countries directly affected by the supply disruption, namely: Egypt, Jordan, Kuwait, and Bahrain.

Algeria is also expected to see an increase in its exports of liquefied natural gas. The country, which produces 3 percent of global liquefied natural gas production, may benefit from the blockade imposed on the Gulf states, which produce 20 percent of global production. By increasing its exports to Europe, Algeria will undoubtedly reap significant additional gains, especially with the price of liquefied natural gas doubling in Europe.

Algeria has a decisive geographical advantage, as its gas reaches Europe via the “TransMed” and “MedGas” pipelines, which are located directly under the Mediterranean Sea. Moreover, there are no marine activities that threaten this route. The European Union, the main importer of Algerian LNG, increased its imports from Algeria by 22 percent between December 2025 and January 2026. These quantities are expected to increase as Brussels moves towards a complete ban on Russian gas by the fall of 2027.

All of these reasons make the rise in oil and liquefied natural gas prices a positive development for Algeria, whose fuel income was affected days before the American-Zionist aggression against Iran, as the price of a barrel of oil fell to only $6, a level that negatively affects its budget.