Summary:

On 17 September 2026, Moroccan local media reported on rising global oil prices and their impact on Morocco’s energy import costs and domestic fuel prices. Energy imports increased by 12% during the first four months of 2026 to around MAD 41.8 billion ($4.4 billion), compared with an energy import bill of MAD 107.56 billion ($11.3 billion) in 2025.  

The latest bi-weekly fuel price adjustment increased diesel prices by MAD 0.34 per liter and premium gasoline by MAD 0.27, bringing them to around MAD 15.35 ($1.61) and above MAD 15.20 ($1.60) per liter respectively. The higher fuel prices have also affected transport costs, including the movement of agricultural goods from rural production areas to urban markets.

Outlook: 

Amid continued geopolitical tensions and disruption around the Strait of Hormuz, Morocco is likely to place greater emphasis on diversifying its external energy partnerships and securing more resilient supply arrangements to limit its exposure to disruptions in global energy markets.  

In the medium term, Rabat may also seek to strengthen ties with strategic partners that can support alternative energy supplies and investment as uncertainty around maritime trade and energy flows persists.  

This will be important for containing the domestic effects of higher import costs, as sustained increases in fuel and transport prices could place further pressure on household purchasing power and contribute to social discontent if economic pressures intensify. 

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