Facing the blockade of the Strait of Hormuz by Iran, Morocco spends 3 billion dirhams each month to subsidize energy. The government is striving to contain the impact of this crisis on public finances.
Despite the surge in global energy prices , Morocco is displaying its resilience. The executive is banking on growth exceeding 5.3% in 2026, driven by robust foreign exchange reserves and an excellent agricultural season.
Despite undeniable modernization, the Cherifian kingdom is experiencing a deep employment crisis . The activity rate is collapsing, revealing the flaws of an economic model unable to absorb shocks and meet the country’s social ambitions.
The Middle East conflict is triggering a global kerosene supply crisis . Facing prices that have doubled, Morocco fears an explosion in airline ticket costs, directly threatening its tourism sector and air traffic.
War in Iran and the blockade of the Strait of Hormuz are driving up oil prices. Facing this situation, Morocco’s economy is suffering significant cost increases that are reviving fears of strong inflation.
At the gates of the Sahara, Morocco has built one of the world’s largest solar power plants . Yet despite this stated ambition, fossil fuels continue to dominate the national electricity grid, hindering the country’s ecological transition.
New surge in fuel prices in Morocco. As of April 16, the price of diesel jumps by about one dirham, pushing prices to new highs in a context of high volatility in global energy markets.
Faced with the surge in global oil prices, Morocco is preparing to suffer a historic rise in pump prices . Experts are sounding the alarm on the fragility of stocks and the lack of local refining.
The announcement of a truce in the Middle East has caused global oil prices to fall below the $100 mark. In Morocco, consumers are hoping that this decline will finally relieve their purchasing power, heavily impacted by inflation.
Moroccan service stations have increased fuel prices by 12 to 13%. This sudden increase is explained by the disruptions in the Strait of Hormuz , direct consequences of the armed conflict opposing Iran to the United States and Israel.
Faced with the suspension of its flights to the Middle East and the cost of kerosene, Transavia is redeploying its capacity westward this Tuesday. Morocco is massively benefiting from this traffic shift to preserve the profitability of the low-cost airline.
Faced with global tensions, the Moroccan Competition Council has introduced monthly monitoring of hydrocarbon prices . This recent decision has elicited mixed reactions between unions, who denounce it as an insufficient measure, and consumer advocates.