Oil jumps above $100 as energy crisis called worst in history: What to know
The latest spike is the second time in a week that oil prices have climbed above $100 a barrel.
Three more tankers were hit by explosions in the Gulf on Thursday and oil prices climbed back above $100 a barrel amid continuing disruption in the Strait of Hormuz.
An unidentified projectile struck a container ship 35 nautical miles off Jebel Ali in the United Arab Emirates, causing a fire on board, according to a statement from the United Kingdom Maritime Trade Operations on Thursday. It went on, “All crew are reported safe. No environmental impact has been reported at this time. Authorities are investigating.”
At least one person was killed after two other tankers were attacked near the Iraqi port of Umm Qasr in Basra, an Iraqi official said Thursday.
Lt. Gen. Saad Maan of Iraq's security media office told Al-Iraqiya News that 38 crew members were rescued following the strikes.
