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Brent At $126 As Israel Security Cabinet Votes 8 To 6 To Attack Iran

Zero Hedge -- Looking at the tranquil sea that is the S&P one may be forgiven to ignore the rapid intraday surge in Brent which was up over $3 in a few hours, approaching $126 once again. But why?..

Maybe ..this. According to Israel's NRG, in a just completed cabinet vote, for the first time Netanyahu has gotten a majority (8 over 6) supporting an Iran attack. NRG also notes that at this point Israel has decided to not wait until the US elections in November before proceeding with sending crude to the stratosphere. From NRG (google translated): "Israeli political sources believe that Prime Minister Benjamin Netanyahu a majority Cabinet support Israeli military action against Iran without American approval..He announced that he wouldn't hesitate to perform the operation without the approval of President

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Submitted Mar 17, 2012 By: ccf_jeff

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toadNY Champion Author Albany Posts:7,032 Points:1,511,200 Joined:Apr 2008	Message Posted: Mar 17, 2012 8:22:25 PM Ignore toadNY Report Abuse Thats why gas jump .06 cents over night! I'm sure it's just the beginning of the End for the American consumer!
iamforiu Champion Author Indiana Posts:3,560 Points:708,715 Joined:May 2011	Message Posted: Mar 17, 2012 8:21:42 PM Ignore iamforiu Report Abuse ok
JENNYHK Champion Author Chicago Posts:3,631 Points:711,595 Joined:Apr 2011	Message Posted: Mar 17, 2012 8:21:06 PM Ignore JENNYHK Report Abuse They do what needs to be done and that is why America admires them! Democrates need to learn from Israel!
movietracker All-Star Author Pennsylvania Posts:695 Points:162,390 Joined:Mar 2011	Message Posted: Mar 17, 2012 8:19:33 PM Ignore movietracker Report Abuse Just speculators
gknee09 All-Star Author Philadelphia Posts:980 Points:821,040 Joined:Jul 2009	Message Posted: Mar 17, 2012 8:14:14 PM Ignore gknee09 Report Abuse They want to go it alone? I doubt it
smoketown Champion Author Cincinnati Posts:6,221 Points:1,379,925 Joined:Feb 2008	Message Posted: Mar 17, 2012 8:12:46 PM Ignore smoketown Report Abuse Maybe they need a recount.........
Senrac Champion Author Lincoln Posts:1,594 Points:305,635 Joined:Mar 2010	Message Posted: Mar 17, 2012 8:12:00 PM Ignore Senrac Report Abuse nuke iran and be done with them
e3p0 Champion Author Columbus Posts:2,316 Points:1,116,480 Joined:Mar 2006	Message Posted: Mar 17, 2012 8:10:13 PM Ignore e3p0 Report Abuse Obama is too soft to let Israel defend herself.
acvw74 Champion Author Illinois Posts:2,105 Points:687,600 Joined:Apr 2011	Message Posted: Mar 17, 2012 8:05:47 PM Ignore acvw74 Report Abuse OK..they voted but will it happen...war is a big step.
TopGunn Champion Author Baltimore Posts:9,171 Points:2,613,355 Joined:Aug 2004	Message Posted: Mar 17, 2012 8:02:21 PM Ignore TopGunn Report Abuse Who will suffer the most in the long run?
craigrm Champion Author Connecticut Posts:1,735 Points:577,355 Joined:Mar 2008	Message Posted: Mar 17, 2012 7:56:39 PM Ignore craigrm Report Abuse Wonderful.... :-/
moonwoman Rookie Author Austin Posts:50 Points:10,780 Joined:Sep 2006	Message Posted: Mar 17, 2012 7:52:28 PM Ignore moonwoman Report Abuse This is a bit off the wall.
JR57CA All-Star Author Los Angeles Posts:788 Points:324,525 Joined:May 2011	Message Posted: Mar 17, 2012 7:49:15 PM Ignore JR57CA Report Abuse oh, goody...
umitb Champion Author Indianapolis Posts:3,665 Points:841,490 Joined:Apr 2010	Message Posted: Mar 17, 2012 7:48:23 PM Ignore umitb Report Abuse ok
stevencr Champion Author Ohio Posts:5,641 Points:1,431,840 Joined:Mar 2009	Message Posted: Mar 17, 2012 7:45:22 PM Ignore stevencr Report Abuse Israel does not need the "approval" of Obama to defend its self. At times I seriously wonder if Obama is the least bit concerned whether Iran attacks Israel.
craigsfrank Champion Author Arkansas Posts:2,193 Points:838,005 Joined:Jun 2010	Message Posted: Mar 17, 2012 7:45:22 PM Ignore craigsfrank Report Abuse Israel has to take care of Israel. They are the ones sitting on a ticking time bomb over there. We are just a half a planet away from reality on how they live their daily lives over there.
VomVom Champion Author Calgary Posts:3,857 Points:1,627,080 Joined:May 2007	Message Posted: Mar 17, 2012 7:45:21 PM Ignore VomVom Report Abuse It is matter of when; not if Israel will attack Iran.
packards42 Champion Author Washington Posts:6,435 Points:1,126,640 Joined:Feb 2005	Message Posted: Mar 17, 2012 7:41:13 PM Ignore packards42 Report Abuse What do they do if Iran actually test a nuclear devices. All bet are off. If I were them I make 2 or 3 before testing on, so i have ready just in case it need to placed on a missle.
jalan25 Champion Author Indianapolis Posts:2,325 Points:567,920 Joined:Sep 2011	Message Posted: Mar 17, 2012 7:41:01 PM Ignore jalan25 Report Abuse Not certain about Zero Hedge, a blog that has remained anonymous.
walkingtall Champion Author Toronto Posts:3,984 Points:1,118,755 Joined:Nov 2004	Message Posted: Mar 17, 2012 7:40:34 PM Ignore walkingtall Report Abuse Isreal has had more power then the U.S.in there region always.
saleboss Champion Author Phoenix Posts:3,924 Points:1,176,800 Joined:Feb 2006	Message Posted: Mar 17, 2012 7:40:32 PM Ignore saleboss Report Abuse BO won't ever give his approval, that would take a decision!
theschmuck Champion Author Michigan Posts:2,907 Points:1,509,675 Joined:Mar 2007	Message Posted: Mar 17, 2012 7:39:01 PM Ignore theschmuck Report Abuse If we are exporting more than we use, then there are plenty of wells now to fulfill our needs if it weren't being shipped to foreign countries that hate us in the first place Time to use common sense but unfortunately there is none of that in the WH or Congress at the present time.
Hypersonic All-Star Author Maryland Posts:962 Points:848,540 Joined:Aug 2008	Message Posted: Mar 17, 2012 7:38:09 PM Ignore Hypersonic Report Abuse Israel is a sovereign country. They should make their own decisions.
Hazelnut Champion Author Greensboro Posts:3,179 Points:937,070 Joined:Sep 2003	Message Posted: Mar 17, 2012 7:37:06 PM Ignore Hazelnut Report Abuse Obama wanted the attack after the election so that he can gain votes from the Jewish Americans. An early attack will show Obama's true colors and drive the voters away from him.
feistyfella All-Star Author Georgia Posts:881 Points:192,345 Joined:Jun 2010	Message Posted: Mar 17, 2012 7:34:09 PM Ignore feistyfella Report Abuse Ok.
OGW Champion Author London Posts:5,324 Points:1,529,650 Joined:Sep 2005	Message Posted: Mar 17, 2012 7:29:47 PM Ignore OGW Report Abuse Israel has always had more balls than any American President since the second world war.
clermont40miles Champion Author Cincinnati Posts:10,554 Points:1,770,090 Joined:Apr 2008	Message Posted: Mar 17, 2012 7:29:34 PM Ignore clermont40miles Report Abuse I'm not too sure how reliable this "Zero Hedge" source is. Need more sources than this one. Prices have gone wild as BHO wants them to. Skyrocket. Done. Promise kept. Such a guy!
VomVom Champion Author Calgary Posts:3,857 Points:1,627,080 Joined:May 2007	Message Posted: Mar 17, 2012 7:26:33 PM Ignore VomVom Report Abuse Any war or instability in the middle east will cause oil price to spike. Speculator will make sure of that.
MDTDriver Champion Author California Posts:9,714 Points:2,152,695 Joined:Jul 2006	Message Posted: Mar 17, 2012 7:21:55 PM Ignore MDTDriver Report Abuse The next war?
A2J Champion Author Richmond Posts:3,065 Points:601,650 Joined:Aug 2011	Message Posted: Mar 17, 2012 7:17:02 PM Ignore A2J Report Abuse Increase or Decrease..,
DriverofRed Champion Author Calgary Posts:2,163 Points:409,935 Joined:Dec 2011	Message Posted: Mar 17, 2012 7:14:50 PM Ignore DriverofRed Report Abuse ok
blitzntj Champion Author Jacksonville Posts:4,664 Points:941,155 Joined:Dec 2007	Message Posted: Mar 17, 2012 7:14:00 PM Ignore blitzntj Report Abuse Here we go
djm5x9 Champion Author Atlanta Posts:1,848 Points:519,230 Joined:Nov 2010	Message Posted: Mar 17, 2012 7:13:04 PM Ignore djm5x9 Report Abuse Persians, watch your back . . .
humblepie Champion Author Toledo Posts:34,121 Points:2,369,420 Joined:Mar 2006	Message Posted: Mar 17, 2012 7:11:46 PM Ignore humblepie Report Abuse israel never announces their intentions, if it happens it will be a night to remember.
TripleHs Champion Author Austin Posts:3,355 Points:915,140 Joined:Oct 2009	Message Posted: Mar 17, 2012 7:09:36 PM Ignore TripleHs Report Abuse crazy
gils Champion Author Ohio Posts:1,691 Points:642,625 Joined:Feb 2011	Message Posted: Mar 17, 2012 7:08:30 PM Ignore gils Report Abuse ok
southrob Champion Author Tucson Posts:3,590 Points:686,225 Joined:Mar 2011	Message Posted: Mar 17, 2012 7:07:41 PM Ignore southrob Report Abuse should have been 14-0 to attack
Gay_Blade Champion Author San Jose Posts:1,037 Points:359,725 Joined:Oct 2011	Message Posted: Mar 17, 2012 7:05:54 PM Ignore Gay_Blade Report Abuse rhetoric and jawing.
rpr77 Champion Author Philadelphia Posts:3,885 Points:765,335 Joined:Mar 2011	Message Posted: Mar 17, 2012 7:05:32 PM Ignore rpr77 Report Abuse ok
wulf2000 Champion Author Miami Posts:3,017 Points:1,386,430 Joined:May 2005	Message Posted: Mar 17, 2012 7:04:59 PM Ignore wulf2000 Report Abuse If there is a war the price of gas will zoom to $10 and beyond. This is just my opinion. Start exploring and drilling within our shores.
Dabozz53 Champion Author New Jersey Posts:2,547 Points:434,625 Joined:Sep 2011	Message Posted: Mar 17, 2012 6:59:53 PM Ignore Dabozz53 Report Abuse Oh boy.
slowtrain Champion Author Georgia Posts:3,657 Points:946,950 Joined:Aug 2008	Message Posted: Mar 17, 2012 6:59:10 PM Ignore slowtrain Report Abuse OK
sweetdaddydee Rookie Author Twin Cities Posts:62 Points:16,555 Joined:Sep 2010	Message Posted: Mar 17, 2012 6:58:42 PM Ignore sweetdaddydee Report Abuse This ct be good for gas prices.
KhelbenArunson Champion Author Michigan Posts:4,433 Points:715,875 Joined:Apr 2008	Message Posted: Mar 17, 2012 6:57:18 PM Ignore KhelbenArunson Report Abuse ok
danreino Champion Author Twin Cities Posts:8,337 Points:1,537,705 Joined:Mar 2008	Message Posted: Mar 17, 2012 6:55:17 PM Ignore danreino Report Abuse Brent needs to take a dirt nap along with the London ICE.
PittSlovak Champion Author Pittsburgh Posts:2,499 Points:1,909,310 Joined:Sep 2005	Message Posted: Mar 17, 2012 6:50:03 PM Ignore PittSlovak Report Abuse Oil is going up.
evohnave Champion Author Virginia Posts:1,745 Points:1,000,000 Joined:Sep 2008	Message Posted: Mar 17, 2012 6:47:46 PM Ignore evohnave Report Abuse Wow, thanks for the quality article... Google Translate and all! Let me use Google Translate on that: Wow article goooooood!
29louieson Veteran Author Phoenix Posts:310 Points:151,400 Joined:Mar 2012	Message Posted: Mar 17, 2012 6:42:02 PM Ignore 29louieson Report Abuse The USA has given Israel so much military hardware that they are the top dog in the MidEast and they've never been afraid to use it . This conflict has been ongoing since BC and it will never end .
cdanielwyke Champion Author Greensboro Posts:2,480 Points:594,905 Joined:Sep 2008	Message Posted: Mar 17, 2012 6:39:58 PM Ignore cdanielwyke Report Abuse This is not going to be pretty.
TelsaOR Champion Author Oregon Posts:3,561 Points:732,890 Joined:Jan 2011	Message Posted: Mar 17, 2012 6:36:45 PM Ignore TelsaOR Report Abuse This conflict is inevitable. Now let's see what Obummer is made of. How can he mess this up?
HailstormCA Champion Author San Diego Posts:7,840 Points:1,469,095 Joined:Nov 2008	Message Posted: Mar 17, 2012 6:35:50 PM Ignore HailstormCA Report Abuse Know what prices will do upon certain actions it's important to see who's buying and selling before such actions.