The repercussions of the Russian-Ukrainian war are still affecting the global economy, as Indonesia, which is the first in the world in the export of palm oil, decided to ban its exports of this commodity starting from April 28. Will Lebanon be affected by this step, and will oil prices rise in the markets? A food importer explains that “Lebanon is one of the countries that imports palm oil from Indonesia for the food industries,” but he pointed out that “there are other countries from which this type of oil can be imported, such as Malaysia,” reassuring that “this matter will not cause the prices of other oils to rise.” Like sunflower oil and soybean oil in supermarkets.

Source: Lebanon 24

By sarah

Sarah Othman, biochemistry student, holds a master's degree 1 from the Lebanese University. Seeking to obtain a second degree in the field of informatics. She works in the media field at Rahal Global News. Interested in cultural, artistic and news matters. A teacher in a school, and a private teacher . Holding laboratory experience in a government hospital and in private laboratories.