Big chill boosts European energy prices

  • 12 years ago
European energy prices have shot up on a combination of bitterly cold weather across the region and Iran's talk of banning oil exports to some European states.

Brent crude oil -- the benchmark for the region -- rose to a six month high above $116 a barrel on fears that supplies could be cut off if Tehran follows through on its threats.

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http://www.euronews.net/

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