Braks: We Are on the Brink of $30 per Liter for Gasoline in Lebanon

George Braks, a member of the Lebanese Fuel Stations Owners Association, stated: "Unfortunately, due to escalating military tensions and attacks on energy facilities in the Arabian Gulf, the negative developments in the Russian-Ukrainian war, and growing concerns over declining oil supplies to international markets, the price of crude oil has approached the $100 barrel threshold, and we are now on the brink of $30 per liter for gasoline in Lebanon."