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Energy shock hits Morocco
Fuel prices are rising amid supply disruptions linked to the war and geopolitical tensions, particularly risks to shipping through the Strait of Hormuz, reduced output of some petroleum products, export restrictions, and higher shipping and insurance costs. In October 2026, chartering an oil tanker from the United States to Asia cost about $77 million, compared with an average of $9.2 million in 2025. Morocco relies on imports, and around a quarter of its petroleum-product imports in 2023 and 2024 came from Gulf countries. These increases are passed on to the Moroccan market through import and transport costs, and may then put pressure on the cost of goods and services. The article attributes the crisis to international factors, not to Moroccan fuel companies, and notes that support for transport operators was used to limit the pass-through of fuel costs to citizens.
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