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Edition of Wednesday, 23 September 2026English edition
The Geopolitician

Country risk, from the local press

Spain · Country watch

Energy Crisis Looms, Ceuta Tensions Persist

Middle East conflicts threaten Europe's energy supply; Ceuta unrest continues amid Moroccan elections.

The picture Deteriorating How this is judged →

Conditions in Spain are deteriorating due to rising energy costs from Middle East conflicts and ongoing tensions in Ceuta. Regulatory uncertainty further impacts foreign investment.

In this briefing Spain · foreign investment · Ceuta · Morocco · Middle East · Europe · Saudi pipeline

Regulation

  • Finance
  • Technology

Uncertainty in Spain's investment climate

two men leaning on metal rails
Anna Vi / Unsplash

Foreign investment in Spain is declining due to regulatory uncertainty, according to Libertad Digital. Investors are hesitant as the rules governing economic activities remain unclear. This uncertainty affects sectors like finance and technology, where clear regulations are crucial for long-term planning.

Impact Foreign investors in Spain face challenges due to unclear regulatory frameworks.

Sources: Libertad Digital ↗

Internal tension

  • Public sector

Ceuta tensions rise amid Moroccan elections

Museo militar del Desnarigado
Museo militar del Desnarigado — Hansi_2010, CC BY-SA 3.0 via Wikimedia Commons

Tensions in Ceuta remain high as Morocco holds elections marked by youth disaffection, reports La Vanguardia and El País. The crisis in Ceuta has been a focal point, with demands for social improvements gaining attention. The elections occur amid low youth voter registration, signaling potential instability in the region.

Impact Employers and public services in Ceuta face operational challenges amid ongoing tensions.

Sources: LaVanguardia.com ↗, El País ↗

Markets

  • Energy
  • Finance
  • Logistics

Middle East conflicts threaten EU energy supply

Conflicts in the Middle East, including disruptions at Ormuz and Bab el Mandeb, and the closure of the Saudi pipeline, are pushing Europe towards a potential energy crisis, according to El País. Damage to Russian refineries exacerbates the situation, causing the largest price surge since 2022. These developments could lead to increased energy costs across Europe, impacting industries reliant on stable energy prices.

Impact Energy importers face rising costs as Middle East tensions disrupt supply routes.

Sources: El País ↗

Nothing significant reported today in Disruption · Safety & health · Companies · Trade · Politics.

Also today in the local press

Sources in this briefing

Sources: each headline links to the original article on the publisher's site.

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