Cost of Fuel Exceeds Minimum Wage in Lebanon

Lebanese bank customers hold pictures of the owners of Lebanese banks calling them "the enemies of society", during a protest in downtown Beirut, Lebanon, 11 June 2022. (EPA)
Lebanese bank customers hold pictures of the owners of Lebanese banks calling them "the enemies of society", during a protest in downtown Beirut, Lebanon, 11 June 2022. (EPA)
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Cost of Fuel Exceeds Minimum Wage in Lebanon

Lebanese bank customers hold pictures of the owners of Lebanese banks calling them "the enemies of society", during a protest in downtown Beirut, Lebanon, 11 June 2022. (EPA)
Lebanese bank customers hold pictures of the owners of Lebanese banks calling them "the enemies of society", during a protest in downtown Beirut, Lebanon, 11 June 2022. (EPA)

The price of a 20 liters of fuel crossed the minimum wage in Lebanon for the first time since the eruption of the country's economic crisis.

The cost of fuel reached 700,000 Lebanese pounds, or 25 dollars, on Saturday, while minimum wage stands at 675,000 LL.

The cost of fuel has risen with the rise of the dollar against the pound and surge in fuel prices around the world due to the Ukrainian crisis.

Fuel distributors met on Saturday to address the crisis.

Representative of the distributors, Fadi Abu Shakra blamed the crisis on the rise of oil prices worldwide and the hike in the dollar rate on the Sayrafa platform and black market.

The people will no longer be able to handle the burden with fuel selling at 700,000 pounds, he added.

Despite incurring losses, the distributors have never waned in providing fuel to the people, he stressed.

He revealed that the distributors have requested an urgent meeting with caretaker Energy Minister Walid Fayyad to address the difficulties they are facing.

Owners of gas stations are suffering losses due to the great fluctuation in the exchange rate of the dollar to the pound, Abu Shakra said.



Barrack in Beirut for Talks on Hezbollah Disarmament

A handout photo released by the Lebanese Presidency press office on July 7, 2025 shows Lebanon's President Joseph Aoun (R) meeting with US envoy Thomas Barrack at the presidential palace of Baabda east of Beirut. (Photo by Lebanese Presidency / AFP)
A handout photo released by the Lebanese Presidency press office on July 7, 2025 shows Lebanon's President Joseph Aoun (R) meeting with US envoy Thomas Barrack at the presidential palace of Baabda east of Beirut. (Photo by Lebanese Presidency / AFP)
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Barrack in Beirut for Talks on Hezbollah Disarmament

A handout photo released by the Lebanese Presidency press office on July 7, 2025 shows Lebanon's President Joseph Aoun (R) meeting with US envoy Thomas Barrack at the presidential palace of Baabda east of Beirut. (Photo by Lebanese Presidency / AFP)
A handout photo released by the Lebanese Presidency press office on July 7, 2025 shows Lebanon's President Joseph Aoun (R) meeting with US envoy Thomas Barrack at the presidential palace of Baabda east of Beirut. (Photo by Lebanese Presidency / AFP)

US envoy Thomas Barrack met Lebanese officials in Beirut on Monday to discuss a proposed plan to disarm Hezbollah.

Hezbollah emerged badly damaged from a war with Israel last year that eliminated much of the group's leadership, killed thousands of its fighters and left tens of thousands of its supporters displaced from their destroyed homes.

The group has been under pressure in recent months both within Lebanon and from Washington to completely relinquish its weapons.

Barrack's proposal, delivered to Lebanese officials during his last visit on June 19, would see Hezbollah fully disarmed within four months in exchange for the withdrawal of Israeli troops occupying several posts in south Lebanon and a halt to Israeli airstrikes.

Lebanon formed a committee to draft a response. Hezbollah was expected to provide its own feedback to Speaker Nabih Berri to incorporate into a counter-proposal being prepared in time for Barrack's Monday visit.

Hezbollah leader Naim Qassem reiterated Sunday the group’s refusal to lay down its weapons before Israel withdraws from all of southern Lebanon and stops its airstrikes.

Hezbollah has already relinquished a number of weapons depots in southern Lebanon to the Lebanese army in line with a US-brokered truce that ended last year's war.

The truce also stipulates that Israeli troops withdraw. Hezbollah has pointed to the troops' continued occupation of at least five posts in southern Lebanon as a main violation.

“How can you expect us not to stand firm while the Israeli enemy continues its aggression, continues to occupy the five points, and continues to enter our territories and kill?” Qassem said in a video address on Sunday. “We will not be part of legitimizing the occupation in Lebanon and the region. We will not accept normalization (with Israel).”