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Rise of US dollar shakes Lebanese food and fuel security

BEIRUT: The Lebanese pound reached 33,000 to the US dollar on Lebanon’s black market on Monday. Protesters blocked roads in response to the news, which were quickly reopened by the Lebanese Armed Forces, with further demonstrations expected in the days ahead, with Thursday expected to see serious trouble due to impending fuel supply issues.
Libya General Mont Liban Mohafazat Baalbek Hermel Hector Hajjar Tarek Bitar Najib Mikati

Oil approaches $82, with demand recovery seen on track

Oil rose to nearly $82 a barrel on Tuesday, supported by tight supply and hopes that rising coronavirus cases and the spread of the Omicron variant will not derail a global demand recovery. A lack of capacity in some countries has meant that supply additions by the Organization of the Petroleum Exporting Countries (OPEC) are running below the allowed increase under a pact with its allies. "Omicron has yet to wreak the havoc of the Delta variant and may never do so, keeping the global reco...
United States Es Sider Libya General City Of United Kingdom Noah Browning
Source: aol.com

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