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IEA head says current price volatility not down to energy transition

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LONDON, Oct 4 (Reuters) - The head of the International Energy Agency (IEA) on Monday said that current volatility in energy markets, which has brought huge spikes in natural gas prices, has nothing to do with the world's transition away from fossil fuels.

Fatih Birol told the Energy Intelligence online forum that high prices were more a result of weather patterns and maintenance outages that had been postponed during the COVID-19 pandemic. (Reporting by Shadia Nasralla and Ron Bousso Editing by David Goodman )