diff --git a/CHANGELOG.md b/CHANGELOG.md
index 38f96b0a9..a65e3a13a 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -10,6 +10,7 @@
 3. [](#bugfix)
     * Fixed locking and reading files using `Framework\File` classes
     * Fixed `Utils::resolveTokenPath()` with `@variable@` not working properly
+    * Fixed remote URLs in markdown if using subfolder setup
 
 # v1.7.33
 ## mm/dd/2022
diff --git a/system/src/Grav/Common/Page/Markdown/Excerpts.php b/system/src/Grav/Common/Page/Markdown/Excerpts.php
index 17f9cbff5..8d7ad16c9 100644
--- a/system/src/Grav/Common/Page/Markdown/Excerpts.php
+++ b/system/src/Grav/Common/Page/Markdown/Excerpts.php
@@ -97,6 +97,10 @@ class Excerpts
     {
         $grav = Grav::instance();
         $url = htmlspecialchars_decode(rawurldecode($excerpt['element']['attributes']['href']));
+        if (Uri::isExternal($url) && !str_starts_with($url, $grav['base_url_absolute'])) {
+            return $excerpt;
+        }
+
         $url_parts = $this->parseUrl($url);
 
         // If there is a query, then parse it and build action calls.
@@ -185,7 +189,12 @@ class Excerpts
      */
     public function processImageExcerpt(array $excerpt): array
     {
+        $grav = Grav::instance();
         $url = htmlspecialchars_decode(urldecode($excerpt['element']['attributes']['src']));
+        if (Uri::isExternal($url) && !str_starts_with($url, $grav['base_url_absolute'])) {
+            return $excerpt;
+        }
+
         $url_parts = $this->parseUrl($url);
 
         $media = null;
@@ -196,7 +205,6 @@ class Excerpts
 
             $media = $this->page->getMedia();
         } else {
-            $grav = Grav::instance();
             /** @var Pages $pages */
             $pages = $grav['pages'];