Lebanon currently has no plan to negotiate with Iran for the import of fuel, energy minister Raymond Ghajar said on Thursday, after the leader of the Tehran-backed Hezbollah group said it was talking to the Lebanese government about the idea.
Hezbollah's Sayyed Hassan Nasrallah said on Tuesday a "calm discussion" was underway with the government over the idea of Lebanon buying refined products from Iran in Lebanese pounds, easing the pressure on Beirut's hard currency reserves.
Lebanon is suffering an acute financial crisis and hard currency liquidity crunch. The Lebanese pound has lost some 80% of its value since October, when the long-brewing crisis came to a head.