Levant in June 2026: the most important developments in economy
In the Levant in June 2026, oil prices moved with the fighting between Israel and Hezbollah. By June 19, Brent crude was on track for an 8% weekly decline after Israel and Hezbollah agreed to a ceasefire, having briefly risen above $80 a barrel amid cancelled US-Iran talks and Israeli attacks on Lebanon. Syria was reported to be cooperating with the International Monetary Fund on tax and customs reforms. Lebanon planned to revive its railway network to connect the port of Tripoli to the Syrian border, and worked to restore exports to Saudi Arabia after smuggling operations at Beirut port were dismantled.
by WorldBrief & Maksim Micheliov | AI-generated summary
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