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Sell 1 USD at 89,400 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

Will The Gasoline Tax Be Removed At LF Request?

  • Thu October 1 2026 10:53 am

MTV has learned that the four Lebanese Forces ministers will put forward a proposal at today’s Cabinet session to abolish the 300,000 L.L.tax on a tank of gasoline, with the levy set on a sliding scale linked to the official price.

Under the proposal, the full tax would apply when a tank of gasoline is priced at $20. The levy would then gradually decrease as the price rises, as is currently the case, eventually reaching zero.

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