Lebanon Faces Two-Week Diesel Shortage

The Secretary-General of the Gas Station Owners' Union in Lebanon announced that the country will experience a significant shortage of diesel fuel within two weeks, due to increased domestic demand, sluggish refining processes at international refineries, and the worsening crisis in the Strait of Hormuz and Bab al-Mandeb, along with the distribution arrangements between importing companies and stations. This crisis is expected to lead to higher fuel prices, including petrol and gas, with forecasts of further price increases in the Lebanese markets.

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