Lebanon Gas Price Hits $28 Per Canister, Distributors Urge Government Action

The price of a 20-liter gasoline canister in Lebanon has surpassed $28, prompting an urgent appeal from fuel distributor representative Fadi Abu Shakra to the government. He called for a review of the tax imposed on gasoline, citing the global surge in oil prices driven by war-related consequences and increased insurance and transport costs.

In a statement, Abu Shakra described the "exorbitant rise" in gasoline prices as an additional burden on Lebanese citizens already struggling under severe economic and living crises. He warned that the ongoing price increases directly impact market activity, leading to a noticeable decline in sales.

"The rising cost of fuel does not only affect vehicle owners but also impacts various productive and service sectors," Abu Shakra added. "This increases the daily burdens on citizens and doubles their suffering in these critical circumstances that Lebanon is going through."

He concluded by stressing the "need to take swift steps to alleviate the severity of the crisis," calling for a "realistic approach that takes into account the difficult social and economic conditions and helps mitigate the negative repercussions of the global rise in oil prices on the Lebanese people."