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IPFS News Link • Energy

Oil spikes above $69 on week-old Iran standoff

3-30-2007 • AFP

The week-old standoff between London and Tehran over the Iranian detention of 15 British naval personnel sent oil prices surging past 69 dollars here -- a near seven-month high -- and analysts warned they could rise further.

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Reported By Powell Gammill

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Oil spikes above $69 on week-old Iran standoff

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