Ships Attacked in Strait of Hormuz, Oil Prices Spike

A crew member was killed and tankers were targeted near the busy oil route, sparking concerns about global energy supplies.

Things are tense in the Strait of Hormuz right now. This is a very narrow and important stretch of water that many oil tankers use to travel. Recent reports confirm that ships have been attacked in the area. In one of these attacks, a crew member was killed. The United Kingdom Maritime Trade Operations (UKMTO) said a ship was hit by an "unknown projectile," which is basically something fired at the ship that caused damage. Because so much of the world’s oil travels through this narrow path, these attacks have made people nervous. As a result, oil prices have started to climb. When tankers …