Hormuz Attack Sparks Global Fears Over Energy Supplies

A recent attack on a ship in the Strait of Hormuz has heightened global tensions over energy supplies, following Saudi Arabia's shutdown of its East-West oil pipeline.

The UKMTO reported that a projectile hit a vessel in the strait, prompting a crew evacuation due to a subsequent fire.

This incident adds to concerns about escalating conflict and rising energy prices, with Brent crude recently surging past $100 a barrel.