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IEA head says oil prices will soon reflect severity of Iran crisis

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Apr 13, 2026, 2:34 PM ETState Street SPDR S&P 500 ETF Trust (SPY), XLE, USOCOP, XOM, CVX, SHEL, TTE, MPC, ARMCOBy: Val Brickates Kennedy, SA News Editor
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Concept of bilateral relations of US and Iran showing with flag and War with wooden block letters

lakshmiprasad S

The head of the International Energy Agency said oil prices will soon reflect how severely the Iran war has impacted shipments from the Persian Gulf.

“Prices are already high, but they are not reflecting the severity of the problem—I agree there

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