Lebanon · Story · Markets
Lebanon's Fuel Strike ends amid rising oil prices
Lebanon's fuel strike has ended, but oil prices are rising due to regional tensions and geopolitical conflicts.
Running story — the local press covered it again on 3 November 2026.
The story so far as of 3 November 2026
On 7 October, Lebanon's fuel strike ended, allowing logistics and fuel deliveries to resume. Following this, on 14 October, Brent crude oil prices rose to $106.58 per barrel due to supply concerns. On 22 October, prices increased further to $110.11 per barrel after the US evacuated diplomats from Saudi Arabia. By 23 October, Brent surged to $116.72 per barrel amid tensions from Houthi attacks. However, on 29 October, oil prices fell to $114.50 per barrel as hopes for negotiations emerged. On 3 November, prices rose again to $105.25 per barrel after US strikes on Iran's Qeshm Island.
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Coverage, day by day
- Markets
Oil Prices Rise After US Strikes Iran's Qeshm Island
Impact Oil importers face increased costs as Brent crude prices rise due to geopolitical tensions.
Sources: An-Nahar النهار ↗, Leb Economy ↗
- Markets
Oil Prices Decline Amid Middle East Negotiation Hopes
Impact Lebanese energy importers may see reduced costs with the dip in oil prices.
Sources: Almaner News ↗
- Markets
Brent Oil Prices Surge Amid Middle East Tensions
Impact Energy importers face increased costs due to rising Brent oil prices, impacting budgets.
Sources: An-Nahar النهار ↗
- Disruption
Oil prices rise as US evacuates diplomats from Saudi Arabia
Impact Energy importers face increased costs as oil prices rise due to regional instability.
Sources: Leb Economy ↗, Almaner News ↗
- Markets
Brent Oil Prices Rise Amid Supply Concerns
Impact Energy importers in Lebanon face higher costs as Brent crude prices rise to $106.58 per barrel.
Sources: Leb Economy ↗
- Disruption
Lebanon's Fuel Strike Ends, Logistics to Resume
Impact Transporters and logistics companies can resume operations as fuel deliveries restart.
Sources: An-Nahar النهار ↗
Sources in this story
Sources: each headline links to the original article on the publisher's site.