...although it still might happen, according to
Bloomberg anyway. (are they trying to manipulate the market with this doom & gloom?)
Israeli Attack on Iran Likely, Pentagon Official Tells ABC
By Ladane Nasseri and Thomas Penny
July 1 (Bloomberg) -- Israel is increasingly likely to attack Iranian nuclear facilities this year, a U.S. Defense Department official told ABC News.
Iran's government dismissed as propaganda the ABC report on the unidentified Pentagon official's comments. Israeli government officials declined to comment on the report.
An Israeli strike might be triggered by the production of enough enriched uranium at Iran's Natanz nuclear plant to make a bomb, ABC cited the official as saying. A second possible trigger would be the delivery of a Russian SA-20 air-defense system, the installation of which would make an Israeli attack more difficult, the U.S. official told ABC.
Oil rose on concern any conflict would cut supplies from OPEC's second-largest producer. Crude oil for August delivery increased as much as $2.60, or 1.9 percent, to $142.60 a barrel in electronic trading on the New York Mercantile Exchange.
Former Israeli Air Force General Isaac Ben-Israel, now a lawmaker in Israel's ruling Kadima party, told Germany's Spiegel that his nation is ``prepared'' for an attack if diplomacy and United Nations sanctions fail to stop Iran from making a nuclear weapon. Ben-Israel helped plan Israel's 1981 strike on an Iraqi nuclear reactor, the magazine said.
A strike on Natanz would only temporarily damage Iran's nuclear program and could spark a wave of attacks on U.S. interests, ABC said in yesterday's report, citing unidentified Pentagon officials. The U.S. and many of its allies have accused Iran of trying to develop nuclear weapons. Iran insists its production of enriched uranium is intended to produce electricity and is legal under the nuclear Non-Proliferation Treaty.