What’s Behind Lebanon's Latest Oil and Electricity Crisis

Published June 16th, 2021 - 10:10 GMT
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A municipal electric building in Lebanon shows its wear and tear (AFP/FILE)
As Lebanon experiences an electricity crisis, itself the result of a wider oil crisis, political failure continues in the country ravaged by a financial crisis that began in 2019. As the U.S. looks towards securing a renewed nuclear deal and Tehran gears up for elections, it seems that any hope of a route out of Lebanon's jam will be a murky one. In a report published earlier this month, the World Bank said Lebanon was in the midst of one of the worst financial collapses for nearly 200 yea

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