A gas station in Hazmieh on February 21, 2025. (Credit: Philippe HAGE BOUTROS/L'Orient-Le Jour)
Fuel price increases, which have surged since the renewed war between Hezbollah and Israel began about a month ago, slowed on Tuesday, according to the latest pricing schedule issued by the Ministry of Energy and Water. The adjustment reflects, with a slight delay, changes in global hydrocarbon prices, themselves heavily influenced by the war involving the United States, Israel and Iran.
The price of a household gas cylinder fell for the first time since Nov. 4. Over that period, it had risen by 75 percent, including a 32 percent increase since the start of the war in Lebanon.
Gasoline prices have followed a similar trend, while diesel — driven by higher demand — has risen by 69 percent since the beginning of the conflict.
Here are the new rates:
– 20 liters of 95-octane gasoline: 2,381,000 Lebanese Lira, an increase of 17,000 LL compared to the last rate published last Friday.
– 20 liters of 98-octane gasoline: 2,422,000 LL (+17,000 LL).
– 20 liters of diesel (for vehicles): 2,353,000 LL (+58,000 LL).
– Kiloliter of fuel oil (used to supply private power generators): $1,227.25 (+$32.05).
– Household gas cylinder: 1,840,000 LL (+37,000 LL compared to the rate on Tuesday, March 10; gas prices are updated every week).
