THE PRICE OF OIL - Comment - Israel News | Haaretz Daily Newspaper
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    • Mark of Lewiston
    • 30.10.07 | 19:22 (IST)

    As El-Baradei has confirmed in the last few days, there is still no evidence of an Iranian bomb program. Neither the US or France or the UK nor Israel has deigned to provide anything to the IAEA for them to pursue. Does such evidence exist at all? Despite Podhoretz and the neocon group, Bush and his spokes people keep saying that they have no wish for war. Maybe even they understand that Iran might fight back and it might take half a million troops to conquer and occupy Iran - troops nobody seems to want to donate, not the US and not Israel. So why the sabre rattling? In a tight world oil market, any nervousness drives the price of oil higher. Higher prices = bigger profits for Bush/Cheney cronies. Higher prices = higher costs for China's economy. China counters with NO to sabre rattling and sanctions. Still looking for evidence.

    from the article: China rejects Israel's call for tougher sanctions against Iran
    First published 00:00 30.10.07 | Last updated 00:00 30.10.07
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