Agadir – Fuel prices in Morocco have been adjusted starting today, with diesel increasing by MAD 0.06 per liter, while gasoline prices remain unchanged.
Following the latest revision, diesel is expected to sell for around MAD 15.01 per liter, up from approximately MAD 14.95 previously. Gasoline is expected to remain at around MAD 14.94 per liter. Prices may vary depending on the city, distributor, and point of sale.
The latest adjustment comes roughly two weeks after the previous revision on August 16, when diesel prices rose by MAD 0.65 per liter, while gasoline prices fell by MAD 0.30.
The new increase extends a broader increasing trend in diesel prices observed since July. Diesel prices initially fell by around MAD 0.96 at the beginning of July before rising by roughly 0.65 to MAD 0.70 in mid-July, followed by a MAD 1 increase at the beginning of August and another MAD 0.65 rise in mid-August.
Gasoline has followed a different trajectory. After rising by nearly MAD 0.40 in mid-July and around MAD 1 at the beginning of August, its price fell by MAD 0.30 during the previous adjustment. It will now remain unchanged.
As a result, both fuels are expected to continue trading around the MAD 15-per-liter mark at the beginning of September.
Global oil prices rise amid renewed US-Iran tensions
The latest adjustment comes as international oil prices rise amid renewed tensions between the United States and Iran.
Brent crude, the international benchmark, rose above $91 per barrel today, extending a gain of more than 2.5% recorded during the previous session. Brent stood at $91.05 per barrel, up 0.6%, while US West Texas Intermediate crude rose 1% to $86.59.
The increase followed renewed military exchanges between Washington and Tehran. US forces struck Iranian rocket launchers on Larak Island near the Strait of Hormuz, while Iran subsequently attacked US bases in Jordan. US President Donald Trump has also threatened further strikes against Iran.
The renewed escalation has raised concerns about potential disruptions to oil supplies through the Strait of Hormuz, a key maritime route that normally handles roughly one-fifth of global oil supplies. Shipping activity through the strait has remained significantly below normal levels amid the conflict.