The summer is going strong and you may have some road trips planned before the kids go back to school. It may cost you a bit more than you had planned.

Last week, Iranian soldiers took over a oil ship that was said to have a British flag on it.

The attack was in response to what Iranians call a pirate take over of one of their ships.

According to Metro Source News:

Iran's Revolutionary Guard posted a video yesterday showing speedboats pulling alongside the tanker on Friday and seizing it in the Persian Gulf.  Britain's Defense Secretary also rejected Iran's explanation that the tanker was seized because it collided with a fishing boat.  Iranian officials were quoted on state news saying the tanker and 23 crew members will remain docked at an Iranian port while the accident is investigated.

As a result, the gas and oil prices of the world are expected to rise.