3 Hrs
Source:
التيار الوطني الحر
Will electricity prices rise
A statement from the Lebanese Ministry of Energy and Water announced that electricity production costs are affected by rising fuel prices due to the regional war, coupled with decreased revenue collection in some areas, leading to losses for the Lebanese Electricity Corporation. A Lebanese military delegation has arrived at the U.S. State Department, while Israeli and Iranian officials have shown noticeable escalation regarding a potential confrontation in the Strait of Hormuz, following the resumption of oil loading at Ras Tanura Port in Saudi Arabia.
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