There is debate in Morocco about whether or not there are repercussions of the Red Sea crisis on the country's economy. Since mid-November 2023, the southern Red Sea region, specifically the Bab al-Mandab Strait, has been facing attacks launched by the Houthi group on ships linked to Israel.
Business owners and professionals in Morocco fear the possible repercussions on energy prices in the country, and their impact on prices in general. Morocco imports more than 90% of its energy needs, from countries in the Middle East and China.