Recent documentation reveals that a major fuel controversy in Lebanon is connected to a shadow maritime network currently facing Western sanctions. Investigations indicate that entities have bypassed G7 and European Union price caps, which limit the cost of Russian oil to $45 for fuel oil and $100 for diesel. Lebanon, struggling with severe energy shortages, has reportedly been importing this Russian fuel to power its infrastructure. Evidence suggests that certificates of origin were manipulated to mislabel the shipments as originating from Egypt or Turkey. This fraudulent practice allowed the fuel to be sold at standard market rates, resulting in significant profits for intermediaries at the cost of the Lebanese government. These findings have prompted further official inquiries into the illicit supply chain and the involvement of global shipping entities in circumventing international trade restrictions.
Source : The National
Photo : The National
