Saturday, August 14, 2021

Lebanon army deploys at gas stations | THE DAILY STAR

Lebanon army deploys at gas stations


Lebanon's army Saturday raided gas stations and seized petrol to curb hoarding as the Central Bank chief stood firm on his decision to halt fuel subsidies.



Lebanon is gripped by one of the world's worst economic crises since the 1850's, according to the World Bank, and is struggling with fuel, bread and medicine shortages.

On Wednesday central bank chief Riad Salameh said he would halt state subsidies on fuel imports to ease pressure on the bank's dwindling foreign reserves, sparking panic across the country....

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