- US military conducted drills in Caracas on May 29, while Iran simultaneously released a new map claiming control over the Strait of Hormuz.
- Conflict in the Middle East has led to the closure of the Strait of Hormuz, causing vital energy, food, and fertilizer flows to be disrupted, leading to inflationary pressures.
- Disruptions in the Strait of Hormuz are causing issues with oil, LNG, and fertilizer supply chains, impacting Africa and the global food system.
- Gulf tensions and Iran-USA conflict are causing shipping disruptions and fertilizer supply issues globally.
Geopolitical tensions and the closure of the Strait of Hormuz are causing economic strain on Algeria and Morocco.
2 reports, 2 independent
Updated Aug 31
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AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
Geopolitical tensions and the closure of the Strait of Hormuz are causing economic strain on Algeria and Morocco.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Hormuz disruptions are causing economic strain on Morocco, affecting its transport costs and exposing its competitive sectors to volatility from China.Sub-event
Hormuz closure drives oil price hikes, pressuring Algeria's green transition and disrupting Moroccan imports.1 source
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The entities involved
Related events
- Following US/Israeli attacks that shut the Strait of Hormuz, OPEC+ members are discussing capacity to increase oil output.
- Algeria is seeking markets for its future gas deliveries, with Europe confirmed to be buying pipeline gas from Algeria.
- A Guardian report published on September 10th details energy transition risks, noting Algeria as a key energy supplier to the EU and the reliance of both Algeria and Iraq on oil revenues.
- Gas deals are being discussed between Morocco and Algeria despite their current unfriendly diplomatic relations.
- Morocco and Egypt discussed expanding economic cooperation and trade on September 22, 2026.
Coverage
Newest first; wire copies grouped- fortune.com
- carnegieendowment.orgFrom Hormuz to the Maghreb: The Geopolitical Reach of a Gulf Crisis