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International Energy Agency: Oil price 'risk to recovery'

The current high price of oil will threaten economic recovery in 2011, according to the International Energy Agency (IEA).

The IEA also says the oil price is entering "a dangerous zone", hovering at around ninety dollars a barrel.

BBC business correspondent Simon Jack spoke to Greg Smith, from the analysts group Fat Prophets.

  • 05 Jan 2011
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