Oil Prices Surge Again in Lebanon

Beirut: Oil prices in Lebanon experienced a new increase on Tuesday, with the cost of 95 and 98-octane gasoline rising by LBP 2,000, diesel by LBP 14,000, and gas cylinders by LBP 24,000.

According to National News Agency – Lebanon, the updated prices are now set at LBP 1,584,000 for 95-octane gasoline and LBP 1,624,000 for 98-octane gasoline. Diesel prices have reached LBP 1,542,000, while gas cylinders have increased to LBP 931,000.

This increase in oil prices marks another burden for consumers, reflecting ongoing fluctuations in the energy market. The continued rise is likely to impact various sectors, influencing transportation costs and household expenses across the nation.

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