DUBAI/TEL AVIV >> Iran said the world should be ready for oil at $200 a barrel as its forces hit merchant ships today and the International Energy Agency recommended a massive release of strategic reserves to dampen one of the worst oil shocks since the 1970s. DUBAI/TEL AVIV >> Iran said the world should be ready for oil at $200 a barrel as its forces hit merchant ships today and the International Energy Agency recommended a massive release of strategic reserves to dampen one of the worst oil shocks since ... [5922 chars]
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