FlashFeed

Spain announced that Algeria will increase gas supplies amid heightened instability in global energy markets tied to the war in Iran. Algeria is already Spain's primary gas supplier via the Medgaz pipeline, which connects the two countries across the Mediterranean. The deal was reported by Bloomberg's Priscila Azevedo Rocha.

Spain said Algeria will increase gas supplies to the nation as global energy markets face heightened instability linked to the war in Iran. The African country is already Spain’s main gas supplier via the Medgaz pipeline, which links the two countries across the Mediterranean. Bloomberg’s Priscila Azevedo Rocha reports.