Between the jaws of the waterways war and the disruption of oil refineries in the region, the Lebanese street is preparing for a new living blow with the release of the expected fuel price schedule on Friday morning, amid indications of an unprecedented jump that puts the cost of transportation and electricity on the brink of a real crisis.
Alarming numbers: shock in diesel and gasoline
In a warning call revealing the extent of the impasse, the head of the Gas Station Owners Syndicate explained, George Braxthat the diesel fuel tank continues to fly globally; While in France it touched the $55 limit, it is almost certain that the local market will reflect this price explosion tomorrow:
- Diesel plate: Strong candidate for barrier contact $30.
- Gasoline plate: It is heading to continue its upward trajectory, influenced by global energy market prices.
Brax commented clearly: “These prices were imposed entirely on us… We do not have the luxury of controlling them, and the stations alone cannot bear the bill of igniting global stock exchanges.”
Beyond the Rise: Regional Fires Burn Energy Markets
The imminent rise is not isolated from the military scene; Global energy supplies are facing a real bottleneck as a result of:
- Acute tensions in Bab el-Mandeb Strait and the Red Sea.
- Attacks and disturbances that affected oil refineries and facilities in the region.
- The continuing repercussions of the Russian-Ukrainian war.
3 scenarios in front of the Lebanese…the most ferocious of which is the “unknown”
Brax believes that the future of fuel pricing is governed by three possible paths:
- First scenario (temporary): A rapid sharp rise followed by stabilization or slight correction in prices.
- The second (catastrophic) scenario: The expansion of regional military confrontations, and then oil markets enter an unknown zone without a specific ceiling for prices.
- The third scenario (detente): A diplomatic path and political calm are reflected in a gradual decline in stock exchanges.
An alarm bell for generators…and a message to the government
The expected explosion in the price of diesel is not limited to fuel tanks in cars; Rather, he threatens directly Private generator billwith the high cost of operation and the return of the threat of harsh rationing of electrical current.
In light of this bleak reality, Al-Barracks sent a decisive message to the Lebanese state, calling on it to stop any intentions to impose new fees or taxes in the budget: “The state must start from somewhere else to save people, and the weakest belief is not to increase the tax burden on a citizen exhausted by the crises of the world and the region.”
