Fuel hikes squeeze Moroccans as Middle East tensions rise

Recent Changes in Fuel Pricing in Morocco

The cost of fuel in Morocco has risen due to disruptions in the Middle East, specifically the closure of the Strait of Hormuz. Diesel and gasoline prices have increased by 0.25 dirhams per liter as new rates have been applied by some distributors. This development has put additional pressure on drivers and transport operators in the region.

The Moroccan government has introduced exceptional financial support for professionals in the road transport sector, including those involved in goods and passenger transport. This initiative aims to mitigate the financial strain caused by rising fuel costs. The support will be directed towards bus companies, taxi drivers, and freight hauliers to help contain the broader economic impact on the Moroccan market.

Based on reporting by Africanews.