Maghreb in March 2026: the most important developments in economy
In March 2026 the Maghreb economy was marked mainly by energy news from Libya. A fire broke out at the Sharara oil field on 18 March and oil flow was rerouted, and the Elephant oil field was reported shut down as of 23 March. On 21 March a damaged Russian gas tanker was to be towed to Libya.
Morocco saw a major price rise for gasoline and diesel on 17 March, and its national carrier extended its flight suspension to Dubai and Doha. A Panama-flagged cargo ship sank off Western Sahara, according to Morocco's transport ministry. Tunisia planned a 1 billion dollar expansion of Tunis-Carthage airport to quadruple capacity, and Algeria bought 690,000 tons of wheat in an international tender.
In the wider region, Egypt prepared to drill four new gas wells in the Mediterranean, and on 30 March Israeli Prime Minister Benjamin Netanyahu proposed an energy pipeline from the Gulf to the Mediterranean.
by WorldBrief & Maksim Micheliov | AI-generated summary
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