Feb 3, 2026

French Prosecutors Target Ex-Algerian Minister in Corruption Case Tied to Sonatrach and the ICJ$

Analysis by The North Africa Journal

French prosecutors are investigating former Algerian justice minister and ex-International Court of Justice president Mohammed Bedjaoui over alleged tax fraud, money laundering, and unexplained wealth running into the millions. The case reaches from a controversial ICJ ruling in a Qatar–Bahrain maritime dispute to high-end property deals in France and corruption scandals around Algeria’s Sonatrach, raising broader questions about how international justice, energy contracts, and opaque financial networks can intersect.

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Global Energy Markets Jolt as Iran War Disrupts Gulf Oil Flows$

by The North Africa Journal | Mar 9, 2026 | Briefs, Business & Economy, 1shorts, Maghreb, Economy & Business, economy upfront, Business and Economy, 111, 1PREMIUM

Oil prices surged toward $119 per barrel as the conflict involving Iran disrupted tanker traffic through the Persian Gulf, forcing several Gulf producers to reduce output and pushing governments to consider emergency energy measures. Saudi Arabia joined Iraq, Kuwait, Qatar, and the UAE in cutting production as shipments stalled and storage capacity tightened. With hundreds of tankers idling near the Strait of Hormuz and major shipping insurers suspending coverage, the crisis is rapidly evolving from a regional military conflict into a global energy shock.

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Energy markets often react before the rest of the economy when geopolitical crises erupt. Oil has surged toward $90 per barrel as traders price the risk of disruption around the Strait of Hormuz, while European natural gas remains relatively calm but structurally exposed through LNG shipping routes. Together, the charts suggest markets are pricing risk, not yet a supply shock, as the conflict involving Iran enters its early phase.

Podcast: Development Without Aid: Power, Politics, and Local Resilience in the Global South$

by The North Africa Journal | Feb 27, 2026 | podcasts, 1PREMIUM, 1-BLUE-LEFT-SECTION-Special-Focus-Free

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