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Gasoline costs double Lebanon's expenses

Gasoline costs double Lebanon's expenses

Lebanon is facing a severe energy crisis that is worsening with the rise in fuel prices. Families are turning to private generators and relying partially on solar energy, but the increasing costs due to fluctuating oil prices are adding to their financial burdens. Additionally, gasoline and diesel prices have surged by over 115%, leading to a 25% increase in transportation costs. In response, residents in mountainous areas are collecting firewood and reducing fuel oil consumption in preparation for winter, as heating costs have escalated. The problem is compounded by the weak supply of official electricity, which provides no more than four hours per day in most regions, placing significant pressure on households and the Lebanese economy as a whole.

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