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UK's Brown: High Oil Price Risk to Global Economy
Topics:Inflation | Economy (Global) | Politics & Government | Britain | Energy | Commodities
Sectors:Oil and Gas
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Soaring global oil prices "pose a real risk" of damaging the world economy and Britain should work with other consumers to bring down prices while reducing its dependence on oil and other fossil fuels in the longer term.
"Our aim must be to get the oil price down," he said as the government launched its renewable energy strategy in London on Thursday.
Copyright 2009 Reuters. Click for restrictions.
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