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Economy
Fuel prices in Lebanon have surged once again, with a 20-litre can of 95 and 98 octane gasoline rising by 50,000 Lebanese pounds, diesel by 101,000 pounds, and a gas cylinder by 28,000 pounds. The updated rates now stand at 2,364,000 pounds for 95 octane, 2,405,000 for 98 octane, 2,295,000 for diesel, and 1,868,000 pounds for a household gas cylinder. This latest hike adds to the crippling cost-of-living crisis, as the Lebanese pound continues its steep devaluation amid ongoing political and economic turmoil.
Today, the price of a 20-litre can of 95 and 98 octane gasoline rose by 50,000 Lebanese pounds, diesel by 101,000 pounds, and a gas cylinder by 28,000 pounds. The new prices are as follows:
95 Octane Gasoline: 2,364,000 Lebanese pounds
98 Octane Gasoline: 2,405,000 Lebanese pounds
Diesel: 2,295,000 Lebanese pounds
Gas: 1,868,000 Lebanese pounds
