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Saturday, October 17, 2026English edition
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The Geopolitician

Country risk, from the local press

Lebanon · Country watch

Lebanon Security Alert, Oil Prices Rise

Security concerns rise as explosives are seized; oil prices increase, affecting energy costs.

· · 3 sources

The picture Deteriorating

Business conditions in Lebanon are deteriorating due to increased security risks following the seizure of explosives and rising oil prices impacting energy costs.

In this briefing Hezbollah · Lebanese government · Brent Crude · Houthi Movement · Iraq · Iran · U.S. Department of the Treasury

Regulation

Nothing significant reported today.

Disruption

Nothing significant reported today.

Internal tension

Nothing significant reported today.

Safety & health

Explosives Seized at Lebanese Checkpoint

Lebanon Israel text on truck
Hobi industri / Unsplash

Lebanese security forces seized explosives from Hezbollah members at a checkpoint in Dahr al-Baydar, according to Leb Economy. The explosives were reportedly en route to the southern suburbs of Beirut. This incident has heightened security concerns in the region, with implications for both political stability and public safety. The Lebanese government faces challenges in controlling illegal activities despite international support.

Impact Employers and expatriates in Lebanon face increased security risks following the seizure of explosives.

Sources: Leb Economy ↗

Companies

Nothing significant reported today.

Markets

  • energy

Brent Oil Prices Rise Amid Supply Concerns

Brent crude oil prices rose by 89 cents to $106.58 per barrel as traders assessed supply risks due to the conflict involving the Houthi group in Yemen and the potential increase in Russian diesel supplies, reports Leb Economy. This increase in oil prices comes amid ongoing geopolitical tensions in the region, impacting energy costs globally.

Impact Energy importers in Lebanon face higher costs as Brent crude prices rise to $106.58 per barrel.

Sources: Leb Economy ↗

Trade

  • logistics

Iraq Halts Flights to Iran Amid Sanctions

Iraq has stopped flights to and from Iran, including major airports such as Baghdad and Erbil, due to new U.S. sanctions on the Iranian aviation sector, An-Nahar reports. These sanctions threaten secondary penalties on companies continuing to service Iranian airlines. The only exception is Najaf Airport, which remains operational for specific flights.

Impact Logistics firms in Lebanon may face disruptions in regional air cargo routes due to halted flights between Iraq and Iran.

Sources: An-Nahar النهار ↗

Politics

Nothing significant reported today.

Also today in Lebanon

Sources in this briefing

Sources: each headline links to the original article on the publisher's site.

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