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Iran Warns of $200 Oil Amid Escalating Maritime Attacks

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Iran warns of potential $200 oil prices amid maritime attacks, prompting the IEA's call for strategic reserve releases to stabilize the market.

Iran warns of potential oil prices hitting $200 per barrel.

International Energy Agency calls for a release of strategic reserves.

Maritime attacks raise concerns over global shipping security.

Possible economic ramifications include inflation and slowed growth.

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