Rabat, June 24, 2025 – Morocco could soon be hit with higher fuel prices as fears grow over a possible Iranian move to shut down the Strait of Hormuz, a key route for global oil shipments.
The warning comes after a recent U.S. military strike targeted at Iran’s nuclear facilities, raising concerns about an Iranian response that could disrupt energy flows across the globe.
Experts in Morocco say the impact would be direct and serious.
Houcine Yamani, head of the National Front for Saving the Moroccan Refinery (Samir), told Hespress Ar that any Iranian action to block the Strait would almost certainly cause global oil prices to rise, and Morocco wouldn’t be spared.
“This is a global energy chokepoint,” Yamani explained. “If the Strait is closed, prices will go up everywhere, especially in countries like Morocco that rely heavily on imported fuel.”
Yamani also pointed out that the Strait of Hormuz handles about one-third of the world’s oil and gas trade and includes some of the biggest producers in the Gulf region.
He warned that the most dangerous outcome could be a global shortage of fuel if the crisis deepens. “We’re not just talking about price hikes here. There’s also the risk that energy supplies become scarce,” he said.
Economic analyst Khalid Hamss agreed, saying that if Iran actually shuts the Strait, Moroccan fuel prices could jump to even higher levels than before.
“It’s a simple economic equation,” he said. “Whenever there’s instability in major trade routes, especially those linked to oil, importers feel the pain.”
Global markets are already reacting. According to AFP, oil prices rose on Monday morning as investors worried about possible disruptions to energy flows after the U.S. attack.
Iran, which produces about 3.3 million barrels of oil per day, exports half of that amount and keeps the rest for domestic use.
If Iran retaliates by closing the Strait, experts say, the move could block nearly 20% of the world’s oil supply. (HESSPRESS)
