Lebanese stood in queues in their vehicles on Wednesday as the country witnessed a gradual increase in gasoline prices, one of Lebanon’s multiple plights bringing the country to its knees amid total political failure to address an almost two-year crisis.

Two Israeli bulldozers began constructing a road off the southern border village of Adaisseh, the National News Agency reported on Wednesday.

Authorities in Gulf and Arab countries are reportedly to make an “unparalleled move” by imposing “sanctions” on several Lebanese officials blaming them for aggravating Lebanon’s crisis, MTV television station reported on Wednesday.

Lebanon's worst economic downturn in decades has pushed a battered population to the brink with no solution in sight as the country's barons wrangle over forming a new government.

Lebanon is battling its worst economic crisis since the 1975-1990 civil war. The national currency is in freefall, while poverty and unemployment are on the rise.

Outraged protesters returned to the streets of Lebanon's capital Tuesday, blocking roads with burning tires and garbage containers as the currency continued to plummet to all-time lows and the country's financial crisis intensified.

The protests resumed -- although in smaller numbers -- following several days of relative calm as the Lebanese pound continued its slide, plunging to a new low of 15,000 to the U.S. dollar on the black market.

A Lebanese court released a social media activist on bail on Tuesday, after her lawyer filed an appeal against a three-year sentence for "collaborating" with Israel, the lawyer and a judicial source said.

Kinda al-Khatib, who is in her twenties, was arrested in June and charged with "collaborating with the enemy", "entering the occupied Palestinian territories" and "collaborating with spies of the Israeli enemy".

Protesters took to the streets in most Lebanese regions on Tuesday as the national currency hit a new low against the dollar on the black market.

The slide has picked up speed over the past two weeks, with the exchange rate soaring from 10,000 Lebanese pounds to the dollar on March 2 to around 15,000 on Tuesday.

Caretaker Finance Minister Ghazi Wazni has confirmed that Lebanon will scale back food subsidies and gradually raise gasoline prices to save dwindling foreign reserves..

The joint parliamentary committees on Tuesday approved an LBP 300 billion treasury loan for Électricité du Liban, Lebanon's state-run electricity producer, amid the objection of the MPs of the Lebanese Forces and the Progressive Socialist Party.