The war in the Middle East and the Prices of Oil in Morocco

 The war in the Middle East is having a




significant impact on oil prices in Morocco. Tensions between the United States, Israel, and Iran have led to a rise in oil prices, which is directly affecting the Moroccan economy.

*Impact on Fuel Prices*

- Diesel prices increased by approximately 2 dirhams per liter and gasoline prices by 1.44 dirhams at the beginning of March.

- Experts predict a further price increase, potentially reaching 18 dirhams per liter for diesel.

*Economic Consequences*

- The rise in oil prices could trigger a new wave of inflation in Morocco.

- Morocco's strategic oil reserves are limited, covering approximately 30 days of consumption, making the country vulnerable to oil shocks.¹²³

*Government Measures*

- The Moroccan government has launched an exceptional support program for road transport professionals.

- The authorities also assured that fuel supplies were normal and that there was no risk of shortage.

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