23 Hrs
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ناظورسيتي
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Morocco fuel prices rising
Reports anticipate that fuel prices in Morocco will head toward a new increase during the first half of August, driven by the ongoing rise in petroleum product prices in international markets, fueled by geopolitical tensions such as the Russia-Ukraine war and conflicts in the Middle East. The price of a liter of diesel is expected to reach approximately 14.20 Moroccan dirhams if global prices remain at their current levels, following a more than 25% increase in international market prices between July 1 and 2. These developments have raised concerns about their impact on citizens' purchasing power. Experts have called for a review of the fuel price liberalization policy, the reopening of the "SAMIR" refinery, strengthening of national stockpiles, and support for transitioning to alternative energy sources.
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