IEA sounds alarm over increasing oil prices

摘要

London-Oil prices have entered a "danger- ous zone" that could threaten the fragile glob- al economic recovery, the International Energy Agency warned this week as Iran, which holds the OPEC presidency this year, said $100/b oil would not harm the world economy. "Oil prices are entering a dangerous zone for the global economy," IEA chief economist Fatih Birol said, quoted January 5 by the Financial Times.