Lebanon raises fuel prices again

The Lebanese government previously subsidized fuel prices amid the country's worsening economic crisis.
Tankers carrying Iranian fuel arrive from Syria at al-Ain in Hermel in east Lebanon's Bekaa Valley on Sept. 16, 2021.
Tankers carrying Iranian fuel arrive from Syria at al-Ain in Hermel in east Lebanon's Bekaa Valley on Sept. 16, 2021. Dozens of tankers carrying Iranian fuel and transported by the Shiite Hezbollah movement arrived from Syria in Lebanon amid the grip of severe fuel shortages. - AFP via Getty Images
Al Monitor: The Pulse of the Middle East
Al-Monitor Staff

Lebanon’s new government raised maximum fuel prices in the country again on Wednesday, a reversal from the previous policy of subsidization.

The maximum price of 20 liters of unleaded 98 octane gasoline is 209,300 Lebanese pounds ($139 USD). The price of 20 liters of unleaded 95 octane gasoline is 202,400 pounds ($134). The price of 20 liters of diesel is 162,700 pounds ($108), the official National News Agency reported.

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