Morocco Fuel Costs Surge About 13 Percent as Middle East War Continue
At the pump, diesel climbed from 12.79 dirhams ($1.37) to 14.50 dirhams ($1.55) per liter, while gasoline surged from 13.92 dirhams ($1.49) to 15.60 dirhams ($1.67) — marking the second consecutive price increase since hostilities against Iran erupted.
The hikes arrive against a backdrop of extreme turbulence in global oil markets, where the US-Israeli military campaign against Iran has stoked intense volatility and renewed fears of runaway inflation. Supply chains have been severely strained since February 28, when Gulf states began sustaining Iranian retaliatory strikes targeting critical infrastructure — including airports, seaports, and energy production facilities — compounding an already fragile supply outlook.
With no resolution to the conflict in sight, analysts warn that fuel-importing nations across Africa and Europe face mounting pressure on household budgets and transport costs, as the war's economic shockwaves extend well beyond the immediate theater of conflict.
Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
