AGP Executive Report
Last update: 2 hours agoUS Tariffs on Forced Labour: The U.S. has imposed new 10%–12.5% Section 301 tariffs on imports from 60 economies, including Algeria, citing weak enforcement against goods made with forced labour; the move follows the expiry of earlier Section 122 duties and takes effect from July 24. Energy & Methane Policy Pressure: U.S. Energy Secretary Chris Wright, alongside Nigeria and Algeria, warned the EU that its methane crackdown could disrupt LNG and gas supplies, arguing enforcement could “cripple” imports by 2027. Oil Prices & Algeria’s Market Link: Oil slipped after a spike above $100 as OPEC signalled more supply; Reuters notes Algeria is among countries expected to raise September output targets, while regional pump pressures remain a concern. Algeria Diplomacy: Algeria’s UN envoy Amar Bendjama was elected ECOSOC President for 2027, reinforcing Algeria’s role in global social and economic policy. Local Water Safety (Algiers link via “Algiers Water Plant”): In New Orleans, maintenance at the Algiers water plant triggered a boil-water advisory for the west bank after pressure dropped. Methane Cuts Report: A new study says methane reductions are achievable in Algeria and other producers using existing oil-and-gas measures, but financing and regulation are key to scaling results.
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