Syrian President Bashar al-Assad fired the head of the country’s central bank, Hazem Karfoul, on Tuesday. Syrian state-run media did not offer reasons for the dismissal, but it comes as the country’s currency continues to collapse amid US and international sanctions and an economic crisis in neighboring Lebanon. The Syrian …

While pledging not to abandon US interests in Lebanon, Hale said resolving a maritime border dispute with Israel would “have potential to unlock significant economic benefits for Lebanon.” The United States stands ready to facilitate maritime border talks between Lebanon and Israel that will have benefits for the crisis-hit Lebanese …

“The Syrian market’s needs for gasoline drive Lebanese smugglers to sneak gasoline into Syria to achieve huge profits.” Lebanon’s caretaker energy minister on Thursday blamed the country’s fuel crisis on profiteers who smuggle gasoline into neighbouring Syria. At a Cabinet meeting to discuss the issue, Raymond Ghajar said the gap …