Morocco has opted not to participate in the votes on the United Nations General Assembly resolutions condemning Russia's invasion of Ukraine. This political stance has also reportedly manifested, according to international media, in a certain level of economic «support» for Moscow. Here’s an explanation.
The Competition Council reported that in the first quarter of 2024, the profit margins for Morocco's nine fuel distribution companies averaged 1.46 dirhams per liter for gasoline and 2.07 dirhams per liter for diesel, with gross margins showing a downward trend.