Strait of Hormuz: Tebboune Highlights Algeria's Neutral Stance and Role in Regional Stability

Algerian President Abdelmadjid Tebboune stated that Algeria’s ships continue to transit the Strait of Hormuz without issues, emphasizing that the country shares the major powers’ view on market stability. He described the oil market as being in a 'normal, but not excellent' state and highlighted Algeria’s responsible role in regional stability. Tebboune also confirmed that Algeria will not reverse its decision to sever relations with the United Arab Emirates.