Morocco Sees Sharp Fuel Price Hike Due to Regional Conflict
Diesel prices rose from 12.79 dirhams ($1.37) to 14.50 dirhams ($1.55), while gasoline climbed from 13.92 dirhams ($1.49) to 15.60 dirhams ($1.67), marking the second increase since the outbreak of the war in Iran.
Global markets have experienced increased volatility as the US-Israeli conflict in Iran pushes oil prices upward, raising inflation concerns.
Since Feb. 28, Iranian retaliatory strikes have targeted Gulf states, damaging critical infrastructure including airports, ports, and energy facilities.
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