The leader of Hezbollah, Hassan Nasrallah, announced that the first tanker carrying Iranian oil to help Lebanon deal with its serious financial crisis arrived at the Syrian port of Baniyas at the beginning of the week.
Last month, Nasrallah announced that he had organized the purchase of fuel from Iran in order to ease Lebanon's shortage of fuel. Yesterday he thanked Syria for allowing the ship to anchor at the port of Baniyas, and announced that the tanker would reach the port of Beirut on Thursday.
Reuters reported that recently Lebanon's state-owned power company has been generating only minimal electricity, leaving businesses and households dependent on small, private generators. The financial crisis has wiped 90% off the value of the Lebanese pound since 2019 pushed food prices up by more than 550%, and propelled three-quarters of the population into poverty, the news agency said.
Nasrallah also announced that a second oil tanker will arrive at the port of Baniyas in Syria within a few days, and two more tankers will arrive afterwards. According to Nasrallah, the first shipment of oil, which will be paid for in Lebanese pounds, will be distributed mainly to hospitals, orphanages and old age homes.