If the Strait of Hormuz were a song it’d be 40oz.To Freedom and it’s not going back. Sure, the strait could open again, but the fact that it’s been closed is a Rubicon that’s been crossed, and its closure is not going back to being unthinkable. As Rapidan’s Bob McNally said at the Center on Global Energy Policy at Columbia University’s Global Energy Summit, the strait’s closure removed one of the global energy sector’s load-bearing structures. It is in this context and against this backdrop that Algeria launched its Algeria Bid Round 2026. And the implications of the Strait of Hormuz’s closure bode well for the bid round’s success. This isn’t to say that Algeria isn’t a challenging environment but at the same time Algeria has things that energy investors want and it doesn’t have things they don’t.
To receive the full NARCO ANALYSIS, please use our contact form making sure to keep the prefilled value 20260422 in the message box.
