LEBANON - Fuel prices in Lebanon have surged sharply since the start of the ongoing regional war, with gasoline rising by more than 25% and diesel increasing by nearly 50%.
The spike reflects growing pressure on global energy markets as the conflict continues to disrupt supply routes and push crude oil prices higher.
Brent crude has exceeded $100 per barrel in recent weeks, compared to around $70 before the war, driving up import costs for fuel-dependent countries like Lebanon.
Lebanon, which relies almost entirely on imported fuel, has been particularly vulnerable to these fluctuations. As international prices rise, local tariffs are adjusted frequently, leading to successive increases in gasoline, diesel, and household gas prices.
Recent price updates from the Energy Ministry show continued hikes, with gasoline and diesel both climbing in Lebanese lira terms amid currency instability and inflation.
