Major foreign suppliers have halted exports into Lebanon as insurance companies have begun to refuse cover on shipments due to the steepening economic and political crisis, exacerbating stress on local import-dependent businesses that are already on the brink. “Most foreign suppliers, among them SABIC from Saudi [Arabia], are refusing to ship to Lebanon without prepayment,” said Fadi Abboud, former president of the Association of Lebanese Industrialists and a former tourism ...