Commodities Rise Alongside Fuel Prices

The article discusses the rise in fuel prices in Lebanon and its impact on the prices of consumer goods. It notes that price increases closely follow the rise in oil prices, while reductions in oil prices are not reflected as strongly in consumer prices. The President of the Fuel Station Owners Syndicate mentioned that fuel prices have increased over the past two months, leading to an immediate rise in the prices of goods, whereas prices have not decreased when oil prices fell, creating a strange paradox. He also explained that fuel station margins remain fixed despite rising costs, and operational expenses continue to erode, resulting in losses for fuel traders. The Lebanese Consumer Association warned that inflation, which reached 19.05% during the first half of 2026, is harming household purchasing power, especially among poor and middle-income groups, due to the global increase in oil and energy prices. Bkraкс emphasized that Lebanon is not currently facing a fuel crisis, and the market has sufficient supplies. He pointed out that geopolitical tensions affect energy prices worldwide, but Lebanon does not suffer from a fuel shortage.

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