Baton Rouge gas prices near record-high as U.S., Iran war continues disrupting oil markets
AAA said Baton Rouge regular gas averaged about $4 a gallon, while diesel hit a record $6 as Iran-linked disruptions tightened oil shipping.
4 Articles
4 Articles
Shortage of Oil Tankers Is Threatening to Keep Gas Prices High
The Iran war has opened a new bottleneck in the oil market: not only crude itself, but the tankers that move it. Drone strikes that shut Saudi Arabia’s East-West bypass pipeline earlier this month have pushed more crude back through the Strait of Hormuz and onto a fleet already running thin. Longer voyages and shuttle […]
Baton Rouge gas prices near record-high as U.S., Iran war continues disrupting oil markets
BATON ROUGE — Warnings of escalating tensions in the Middle East, including threats against Saudi Arabia, have sent gas prices surging again.According to AAA, the national price of a gallon of gas rose about 16 cents.In Baton Rouge, the average price for a gallon of regular gas is about $4, up about 12 cents from a week ago and more than a dollar from this time last year. Diesel passed $6 a gallon, hitting a record high this month."It's been hor…
The record toll charges to cross the Strait of Ormuz could offset the decline in oil prices
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