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Keywords: Supply


Hungary increases oil deliveries to Serbia as refinery shutdown threatens winter supply

Hungary has stepped up fuel shipments to Serbia as the Balkan nation faces the prospect of an energy crunch triggered by US sanctions on its majority-Russian-owned refinery. During a visit to Belgrade, Hungarian Foreign Minister Peter Szijjarto announced that energy company MOL has more than doubled......

Oil market faces historic oversupply as prices head lower through 2027

Oil prices have plummeted amid growing forecasts of a historic supply surplus extending into 2027, raising concerns among investors and analysts about prolonged market imbalance. Despite geopolitical uncertainties, the market is bracing for a significant glut driven by supply outpacing demand at an unprecedented......

Morocco faces tomato supply challenges ahead of Ramadan

Vegetable growers in southern Morocco are bracing for a tough winter season, as the impact of last summer’s extreme weather conditions becomes evident in current yields. Farmers in the Souss Massa region, one of Morocco's most vital agricultural areas, are witnessing weakened plant resilience......

Erdoğan calls for strong cooperation and sustainable supply chains to boost global trade

Turkish President Recep Tayyip Erdoğan emphasized the need for stronger international cooperation, sustainable supply chains, and innovative policy tools to revive global trade. Speaking at the G20 Summit in Johannesburg, South Africa, Erdoğan noted that current global challenges impact all economies,......

Algeria rejects Spain's plea to reopen Maghreb gas pipeline

Algeria has firmly dismissed Spain's request to reinstate the Maghreb-Europe gas pipeline, which was shut down in 2021 amid diplomatic tensions over the Sahara dispute. The pipeline, once a vital route for transporting Algerian gas through Morocco to Europe, has become a focal point in the strained......

Health ministry refutes claims of favoritism in potassium chloride imports

Morocco’s Ministry of Health and Social Protection has categorically denied allegations raised in Parliament regarding favoritism or monopolies in the importation of potassium chloride (KCl), a critical medication used in intensive care, surgery, and anesthesia. During a parliamentary debate on......

Global oil surplus expected to reach 4 million barrels per day by 2026, IEA warns

The International Energy Agency (IEA) has raised its global oil supply growth forecasts, cautioning that the market may face increasing imbalances in the coming years. According to the agency's latest monthly report, global oil supply is projected to outpace demand by 4 million barrels per day (bpd)......

Dachser to launch Morocco's first green-certified logistics hub in Tangier Automotive City

Dachser is set to revolutionize Morocco’s logistics landscape with the construction of a cutting-edge facility spanning 75,000 square meters in Tangier Automotive City. Scheduled for completion by June 2026, the project recently secured MAD 206.5 million ($20.65 million) in financing from the European......

G7 forms alliance on critical minerals to challenge China's dominance

The Group of Seven nations has unveiled a landmark alliance aimed at bolstering the production of critical minerals, a move described by Canadian Energy Minister Tim Hodgson as a pivotal shift in efforts to lessen Western reliance on China's grip over resources vital for modern technology. Revealed......

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