Skip to content
Edition of Tuesday, 3 November 2026English edition
EN FR
The Geopolitician

Country risk, from the local press

Lebanon · Country watch

Lebanon Fuel Prices Fall, Central Bank Raises Withdrawals

Lebanon sees a drop in fuel prices while the Central Bank increases withdrawal limits, impacting local financial and energy sectors.

· · 4 articles read

The picture Mixed How this is judged →

Business conditions in Lebanon are mixed today. Fuel prices decreased, easing costs for consumers, while the Central Bank's raised withdrawal limits improve liquidity. However, rising oil prices due to geopolitical tensions could increase costs for importers.

Flare-up watch: Calm (0.0) · How this is judged → · All Lebanon briefings →

In this briefing Central Bank of Lebanon · Lebanon · Brent Crude · Qeshm Island

Regulation

  • Finance

Central Bank of Lebanon Raises Withdrawal Limits

central bank of lebanon.
central bank of lebanon. — Karan Jain from Washington, CC BY-SA 2.0 via Wikimedia Commons

The Central Bank of Lebanon announced an increase in withdrawal limits under Circulars 166 and 158, effective from December 1, 2026. Circular 166 allows withdrawals up to $600, with $200 accessible via card, while Circular 158 permits up to $1,200, including $400 via card, according to Leb Economy. This move aims to ease liquidity constraints amid ongoing financial challenges.

Impact Lebanese bank customers gain increased access to US dollars, easing liquidity constraints.

Sources: Leb Economy ↗

Markets

  • Energy

Lebanon Fuel Prices Drop, Gas Prices Rise

Lebanon's new fuel price schedule shows a decrease in gasoline and diesel prices, while gas prices have increased. According to Leb Economy, 95-octane gasoline is now priced at 2,569,000 LBP, down by 42,000 LBP, and 98-octane gasoline at 2,587,000 LBP, also down by 42,000 LBP. Diesel prices decreased by 4,000 LBP to 2,604,000 LBP, whereas gas prices rose to 1,610,000 LBP.

Impact Lebanese consumers and businesses benefit from lower gasoline and diesel costs, but face higher gas prices.

Sources: Leb Economy ↗

  • Energy

Oil Prices Rise After US Strikes Iran's Qeshm Island

Oil prices rose in early Asian trading on Tuesday following a report that the US conducted an attack on Iran's Qeshm Island. Brent crude futures increased by 48 cents, or 0.5%, to $105.25 per barrel, according to An-Nahar and Leb Economy. The strike has raised concerns about escalating conflict and prolonged disruptions in Middle Eastern oil supplies.

Impact Oil importers face increased costs as Brent crude prices rise due to geopolitical tensions.

Sources: An-Nahar النهار ↗, Leb Economy ↗

Nothing significant reported today in Disruption · Internal tension · Safety & health · Companies · Trade · Politics.

Also today in the local press

Sources in this briefing

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

All Lebanon briefings →

The same day elsewhere