USD to LBP Exchange Rate

Buy 1 USD at 89,500 LBP

Sell 1 USD at 89,100 LBP

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Rate 1 USD at 85,500 LBP

Volume 50,000,000 USD

Fuel

Octane 98
25.45 USD
Octane 95
24.50 USD
Gasoline 98
1.48 USD
Gasoline 95
1.42 USD
Brent Crude Oil
109.55 USD

Saddi to seek cancellation or suspension of LBP 300,000 fuel fee

  • Tue September 29 2026 11:29 am

Energy and Water Minister Joe Saddi said he will ask Cabinet on Thursday to cancel, or at minimum suspend, the LBP 300,000 fee imposed on fuel.

Writing on X, Saddi said the priority should be protecting citizens from additional financial burdens amid the sharp rise in global oil prices and its impact on the local market.

We objected to it from the beginning, Saddi said, adding that the focus now should be on easing pressure on citizens.

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