Moammar Gadhafi

Former Libyan dictator Muammar Gadhafi, who’s been in hiding since August when a NATO-backed rebel force seized his headquarters in Tripoli, was killed on Thursday after rebels stormed his hometown of Sirte, where the last remnants of troops loyal to him were hiding. He was 69 years old.

According to media outlets, Libyan officials are announcing the death of former Libyan dictator Muammar Gadhafi by wounds suffered when an eight-month-old revolution effort overran his hometown of Sirte.

The country of Libya continues to be divided. Protests could lead to a Civil War. Army units and militiamen loyal to Moammar Gadhafi struck back against rebellious Libyans who have risen up in cities close to the capital Thursday, attacking a mosque where many were holding an anti-government sit-in and battling with others who had seized control of a local airport.

Oil prices have been rising since Friday due to the turmoil in Libya. To watch the video, click here. Oil producing nations have emergency reserves to draw on to stabilize markets in case the violence in Libya and the wider Middle East escalates to seriously affect energy production, officials said Monday.