Al-Wafa Union Questions Oil Price Decline Impact

The global oil price decrease of nearly 40% between March and June 2026 was not reflected in a corresponding drop in fuel prices in Lebanon, as the reduction in gasoline prices did not exceed 3.4%. Meanwhile, the government continues to impose taxes and fees on citizens, reflecting policies that deplete resources and increase the cost of living, according to a statement from the Lebanese Union of Unions. The union emphasized the need to reveal the mechanisms for pricing fuel and to halt tax and fee hikes, affirming that the current situation deepens poverty and threatens economic and social stability.

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