u/Imaginary-Deal-4398

Is there no panic in the halls of Alger?

I have no idea where political decisions are made but you get the idea.

With the war in Iran a lot of hydrocarbon producing countries are currently benefitting from this situation, but with the UAE leaving OPEC, a country that is responsible for 12% of the production and a possible end to the war, how long can Algeria hold its renteer economy? It's evident that Algeria has the best quality of life in North-Africa statistically and anecdotally, as someone who traveled to all of them.

But the relative high quality of life is paired with hydrocarbons. But with the uae leaving opec, an end to the war in Iran, a future less dependent on hydrocarbons, no tourist industry, no industrial sector, no finance industry, no agricultural industry.

Is there no panic?

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u/Imaginary-Deal-4398 — 14 days ago