UPDATE 1-Obama hits back at Republican criticism of high fuel prices

Newswire

* Obama blames high oil prices on Iran tensions * Says speculators also driving prices higher * Says Republicans making "phony" promises (Adds additional Obama comments, background) By Laura MacInnis MIAMI, Feb 23 (Reuters) - President Barack Obama hit back on Thursday at election-year Republican criticism of his energy policies, offering a staunch defense of his attempts to wean Americans off foreign oil and saying there is no "silver bullet" for high gasoline prices. Obama sought to ...

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