Sunday, June 08, 2008

A Good Reason Not to Attack Iran - This one hits close to home

On June 6, Israeli Deputy Prime Minister Shaul Mofaz was quoted by the Yediot Aharonot newspaper as saying:

"If Iran continues its nuclear weapons program, we will attack it," Mofaz told the daily, stressing that such an operation could only be conducted with US support.

"Other options are disappearing. The sanctions are not effective. There will be no alternative but to attack Iran in order to stop the Iranian nuclear program," Mofaz, who is also transportation minister, said.

According to analysts, his comments, compounded by the U.S. dollar squeeze, caused crude oil to leap over the past few days. Imagine what would happen if the threats of an attack became reality.

The photo is from a BP station in Georgia.

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