Fuel Prices Increase Trends

The Lebanese Ministry of Energy and Water has issued a new fuel price schedule, with prices experiencing a significant increase in line with global market trends. The price of 98 octane gasoline has reached 2,810,000 Lebanese pounds, an increase of 92,000 pounds. Similarly, 95 octane gasoline is now priced at 2,828,000 pounds, reflecting the same rise. The price of diesel has also gone up to 2,768,000 pounds, an increase of 127,000 pounds. The price of gas is now 1,221,000 pounds. This comes amid a global wave of rising fuel prices.

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