Business & Economy Bound

Energy markets often react before the rest of the economy when geopolitical crises erupt. Oil has surged toward $90 per barrel as traders price the risk of disruption around the Strait of Hormuz, while European natural gas remains relatively calm but structurally exposed through LNG shipping routes. Together, the charts suggest markets are pricing risk, not yet a supply shock, as the conflict involving Iran enters its early phase.

Trade between Turkey and Morocco has accelerated sharply, surpassing $5 billion in recent exchanges and strengthening Ankara’s position in the Moroccan market. While the expansion reflects deeper economic integration, Moroccan policymakers are seeking investment-based solutions to address a widening trade imbalance and position the country as a regional production hub ahead of the 2030 World Cup.

Moroccan pharmacists’ unions are urging regulators and the professional Order to reject proposals that would allow outside investors to hold stakes in pharmacies. They argue the change could weaken professional independence, reshape pharmacies into commercial projects, and pressure smaller operators that support access to medicines nationwide.

Morocco ended 2025 with a below‑average cereal harvest and higher food inflation, leaving the country more dependent on grain imports going into the 2025/26 marketing year, according to a new country brief from the UN Food and Agriculture Organization (FAO). The report notes that while late‑season rains improved conditions for the winter crop now in the ground, cumulative rainfall during the 2025 growing season was more than 60% below normal in key cereal‑producing areas, sharply curbing yields and forcing authorities to extend subsidy measures and step up import plans to secure supplies.