Energy crisis: why Morocco is the 4th most threatened country in the world

Following the joint Israeli-American strikes in Iran that caused a nearly 20% rise in oil prices, Energy World Mag measured the supply risks of 75 countries. With a vulnerability score of 74.6 out of 100, Morocco emerges as the most fragile country in North Africa, ranking globally just behind Singapore, Turkmenistan and Hong Kong.

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This structural fragility is explained by insufficient domestic production to meet demand. Currently, nearly 90% of Morocco’s energy is based on fossil fuels. As a result, the country is forced to import 94% of its total energy and 95% of its natural gas from abroad.

The Moroccan market is thus heavily exposed to international price fluctuations. The study points out that with an average income around $4,000, the majority of the population would not be able to financially absorb sudden price increases in the event of shortages.

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A magazine analyst warns that even diversified economies can be hit hard by such exposure. He recalls that excessive dependence on imported hydrocarbons inevitably leads to "severe shortages" when global supply chains are disrupted.