17 Hrs
Source:
الكتائب اللبنانية
Anticipated Drop in Fuel Costs
Head of Gas Station Owners' Syndicate, George Brax, anticipates a decrease in fuel prices due to U.S. President Donald Trump's decision to reverse the ban on diesel exports from the United States and the G7 countries releasing 100 million barrels from their strategic reserves over four months. This move reduces demand for oil in international markets, making a drop in prices likely before the U.S. midterm elections. This comes ahead of a government meeting to discuss implementing a 300,000 Lira fee on gasoline.
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