Beirut: Oil prices rose on Tuesday, with the cost of 95- and 98-octane gasoline increasing by LBP 9,000, diesel by LBP 13,000, and gas cylinders by LBP 16,000.

According to National News Agency - Lebanon, the updated prices for fuel and gas are now set at LBP 1,824,000 for 95-octane gasoline and LBP 1,867,000 for 98-octane gasoline. Diesel prices have reached LBP 1,411,000, while gas cylinders are now priced at LBP 1,417,000.

The adjustments in oil prices come amid ongoing fluctuations in the global oil market. The impact of these price changes is expected to affect various sectors, including transportation and manufacturing, as the costs for fuel and gas influence operational expenses.

The rise in oil prices is part of a broader trend affecting consumers and businesses, prompting discussions on energy policies and potential measures to manage the economic impact.