Algeria buys milling wheat in tender, traders say

Algeria’s state grains agency OAIC has bought milling wheat in an international tender which closed on Wednesday, European traders said. (AP/File)
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Updated 14 May 2025
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Algeria buys milling wheat in tender, traders say

  • The precise size of the purchase in tonnage terms was not initially clear
  • Algeria often buys considerably more than the indicative volume

HAMBURG/PARIS: Algeria’s state grains agency OAIC has bought milling wheat in an international tender which closed on Wednesday, European traders said.

Purchases were initially reported at around $244.50 a metric ton cost and freight (c&f) included, they said.

The precise size of the purchase in tonnage terms was not initially clear. But preliminary trader estimates were of a large purchase of between 600,000 and 700,000 metric tons.

Reports reflect assessments from traders and further estimates of prices and volumes are still possible later.

The tender sought a nominal 50,000 metric tons but Algeria often buys considerably more than the indicative volume. Sellers can supply wheat from a range of approved origins.

The wheat is sought for shipment in two periods from the main supply regions including Europe: July 1-15 and July 16-31. If sourced from South America or Australia, shipment is one month earlier.

Algeria is a vital customer for wheat from the European Union, especially France, but Russian and other Black Sea region exporters have been expanding strongly in the Algerian market.

Traders say a diplomatic rift between France and Algeria led the grains agency to tacitly exclude French wheat and trading companies from its purchase tenders, with relations between the two countries remaining tense.


Three brothers arrested over US embassy blast in Oslo

Updated 7 sec ago
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Three brothers arrested over US embassy blast in Oslo

  • The brothers, who were Norwegian citizens of Iraqi origin, had been arrested in Oslo and police were investigating the motive
  • While none of the brother were previously known to police, Hatlo said investigators were not ruling out links to “criminal networks“

OSLO: Norwegian police said Wednesday three brothers had been arrested on suspicion of a “terrorist bombing” over a weekend explosion at the US embassy in Oslo, which caused minor damage but no injuries.
Police prosecutor Christian Hatlo told a press conference the brothers, who were Norwegian citizens of Iraqi origin, had been arrested in Oslo and that police were investigating the motive.
“We are still working from several hypotheses. One of them is whether this is an order from a government entity,” Hatlo said.
“This is quite natural given the target — the US embassy — and the security situation the world is in today,” he said.
Hatlo said the investigation would seek to clarify exactly what roles the brothers, who were in their 20s, had played.
“We believe that one of them is the person who placed the bomb outside the embassy and that the other two were complicit in the act,” Hatlo told reporters.
Oystein Storrvik, a lawyer for one of the suspects, told broadcaster TV 2 that his client had admitted “to being involved in the case.”
“He admits that he placed the bomb there,” Storrvik told the broadcaster.
Storrvik added that his client had been questioned by police.
“He has explained what happened, and I have no further comments at this time,” he said.

- ‘Proxy actors’ -

While none of the brother were previously known to police, Hatlo said investigators were not ruling out links to “criminal networks.”
In its annual threat assessment, Norwegian security service PST said last month that Iran, which it considers one of the main threats to the country, could rely on “proxy actors,” including “criminal networks,” to commit acts.
On Tuesday, Iran’s ambassador in Oslo denied any involvement by his country in the embassy explosion.
“It is unacceptable that we are being singled out,” Alireza Jahangiri told Norwegian newspaper Verdens Gang.
According to police, the perpetrators of the bombing, described as “powerful,” may also have acted out of their own motives.
US embassies have been placed on high alert in the Middle East due to American strikes on Iran. Several have faced attacks as Tehran responds by targeting industrial and diplomatic facilities.
The blast took place at around 1:00 am (0000 GMT) on Sunday at the entrance to the embassy’s consular section.
On Monday, two images were released from surveillance camera footage showing a suspect dressed in dark clothing with a hood over his head and wearing a backpack.
Roughly at the time the incident occurred, a video had been uploaded to the Google Maps page for the US embassy.
The video, which has since been taken down, appeared to show Iran’s late supreme leader Ayatollah Ali Khamenei, who was killed on the first day of the US-Israeli strikes in Iran.
According to Norwegian public broadcaster NRK, the person who uploaded the video wrote in Persian: “God is great. We are victorious.”
Police have also opened an investigation into this.