Oil prices are climbing to new highs in recent weeks, spurred on by Israel’s incessant threats to attack Iran and the US’s acquiescence on that invented threat.
Last week brought a tense diplomatic kerfuffle when Israeli officials allegedly leaked information about a new, more damning US intelligence estimate on Iran’s nuclear program. US officials rebuked that talk, reiterating their conclusion that Iran is still far off from having any nuclear weapons program.
Finishing off the week of renewed warmongering on Iran, Israeli Prime Minister Benjamin Netanyahu again claimed time was running out to prevent an nuclear weapon in Iran. This kind of talk put markets on alert, fearing a possible attack.
“Intensifying supply jitters spooked the markets following news reports out of Israel indicating a rising possibility of military intervention in Iran,” said a report from JBC Energy in Vienna, Haaretz reports. “While the tone out of Israel has indeed become more aggressive, we still think that Israel is unlikely to take unilateral military action against Iran. However, with U.S. -elections only 12 weeks away, this could of course be a political move by Israel to pressure the current US administration to show its hand.”
The US-led sanctions regime on Iran is also likely contributing to rising oil prices, which are harmful in times of troubled international economies. Together with constant threat inflation from Israel, the unnecessary quarrel is not only paving the way towards war, but it is further harming international markets and ordinary consumers around the world, who would benefit greatly from an easing of trade relations with Iran and an end to threats of war.
Israel may force Obama to support an Israeli attack on Iran before the election. But after the election, Obama will be running that American war. He will be the one to make a peace deal. And he will be very angry with Israel for starting the war. Israel isn't going to like how that war ends. They can start it, bu tike all wars, others will end it, and the one starting it may not like the terms at all.
Where did you think that Oil companies get their billions of profits…? One part of it is from US government subsidize them by millions every year, second is Israel and their warmongering attitude toward the world. So where did you think that Israel gets paid some of its blackmailing money from, you gusted it right.
But if you think that Oil companies don’t like playing the game, you are wrong. They were and are made of cheating people, playing governments game and to some extend having governments in their pocket. Obama and Cameron are just two of them.
Israel has its eye on all the lovely untouched oil fields off the east med coast. It will take the Palestinian components, and aims (or aimed) at establishing friendly client regimes in Lebanon and Syria allowing a coastal oil pipeline to link it to Turkey so the oil could be sold at inflated prices to the EU. If Iran is knocked out as an energy supplier, then prices will rise even further. Even more profit for the Zionists. A special invitation-only war game looking at how to handle Israel oil (sell or store) should gas prices reach $250 a barrel was held at the 2012 Hezliya conference. A couple of ex-BP people were invited.
Erudite review. Sounds like Bibi has many oil speculator friends in New York, London and Amsterdam.
Israel is now controlling oil prices and can adjust them as necessary to influence US election
When does the world impose crippling sanctions on Israel such that Israel becomes bankrupted and no longer capable of posing a threat to the US or Middle East?
Internacional Zionism wants exactly this scenario of World MIssery and Urest… wide conflict around the globe, people of different religiouns fighting and killing each other for no reason at all, wide destruction and suffering…while quitly and simultaniously emerging New Zionist Order /wraped in sheep cloth/ and preparing endless injustice and slavery for mankind – Instigator Zionists will of cource "play victims again".
Start reading people!!! and RESIST!!!, "live" like oppresed people of Palestine are forced to go throug is not worth living…Support brave Iranian people and keep spreding the TRUTH about Unhuman Zionist ideology….peter czech
Of course if the United States were to quietly and anonymously slip the Iranians enough credible intelligence about the Israelis to make any attack on Iran a fiasco for Bibi, the potential for the Israelis learning a valuable lesson could be quite good. And don't call it an unthinkable act– the Israelis have yet to learn how fast the United States will drop a useless ally or enemy into the toilet once it is convinced they are really of no more use.
Poor Bibi. He's just not getting his accustomed amount of attention from the US, what with these pesky elections going on.