IEA Warns of Higher Oil Prices as Iran, Venezuela Losses Deepen
A worker passes an illuminated oil drilling rig and drill pipes (Photographer: Andrey Rudakov/Bloomberg)

IEA Warns of Higher Oil Prices as Iran, Venezuela Losses Deepen

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(Bloomberg) -- The International Energy Agency warned that oil prices could break out above $80 a barrel unless other producers act to offset deepening supply losses in Iran and Venezuela.
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