Lebanon’s economy struggles under renewed war and global fuel crisis
Lebanon's economy is facing severe challenges due to ongoing conflict and a global fuel crisis. Experts warn that the combination of war and financial mismanagement could render the nation economically unviable. Inflation has surged, and predictions indicate zero GDP growth for 2026 if the situation persists.
- ▪Lebanon's economy is struggling under renewed war and a global fuel crisis.
- ▪Inflation in Lebanon reached an 18-month high in March 2026.
- ▪The World Bank had previously recorded a modest GDP growth of 3.5 percent for 2025, but this is now in jeopardy.
Opening excerpt (first ~120 words) tap to expand
Features|Israel attacks LebanonLebanon’s economy struggles under renewed war and global fuel crisisLebanon’s ongoing war and financial crises threaten to render the nation economically unviable, experts warn.ListenListen (7 mins)SaveClick here to share on social mediashare-nodesSharefacebookxwhatsapp-strokecopylinkgoogleAdd Al Jazeera on GoogleinfoThe scene after an Israeli air strike hit the village of Maashouk, southern Lebanon, on May 19 [Mohammed Zaatari/AP Photo]By Justin Salhani and Rita KabalanPublished On 22 May 202622 May 2026Beirut, Lebanon – Shortly after Mario Habib opened his barber shop in 2006, a war broke out between Israel and Hezbollah. Twenty years on, he’s living through another war.The shop has become a fixture of his Furn el-Shebbak neighbourhood.
…
Excerpt limited to ~120 words for fair-use compliance. The full article is at Al Jazeera English.
Discussion
0 commentsMore from Al Jazeera English
