Content Tagged As oil prices
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Iran says it has closed Strait of Hormuz again over US blockade Play Video
April 18, 2026 10:12 AM
CAIRO (AP) — The standoff over the Strait of Hormuz quickly escalated again Saturday as Iran reversed its reopening of the crucial waterway and fired on ships attempting to pass, in retaliation after the United States pressed ahead with its blockade choking off Iranian ports. Confusion over the strait,... more » -
$135 million state revenue loss predicted from low oil prices
September 25, 2015 2:34 PM
BATON ROUGE - State revenue seems to be feeling the full effect of the drop in oil prices. Economist Greg Albrecht with the Legislative Fiscal Office estimated a $135 million drop in revenue for the 2015-2016 fiscal year. Louisiana's Revenue Estimating Conference (REC) predicted the average price of oil... more »