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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
Category: Daily News Article Discussions > Topics Add to favorite topics  
Author Topic: Brent At $126 As Israel Security Cabinet Votes 8 To 6 To Attack Iran Back to Topics
REPLIES (newest first) Post a Reply
iamforiu
Champion Author Indiana

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Message Posted: Mar 17, 2012 8:21:42 PM

ok
JENNYHK
Champion Author Chicago

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Message Posted: Mar 17, 2012 8:21:06 PM

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

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Message Posted: Mar 17, 2012 8:19:33 PM

Just speculators
gknee09
Champion Author Philadelphia

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Message Posted: Mar 17, 2012 8:14:14 PM

They want to go it alone? I doubt it
smoketown
Champion Author Cincinnati

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Message Posted: Mar 17, 2012 8:12:46 PM

Maybe they need a recount.........
Senrac
Champion Author Lincoln

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Message Posted: Mar 17, 2012 8:12:00 PM

nuke iran and be done with them
e3p0
Champion Author Columbus

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Message Posted: Mar 17, 2012 8:10:13 PM

Obama is too soft to let Israel defend herself.
acvw74
Champion Author Missouri

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Message Posted: Mar 17, 2012 8:05:47 PM

OK..they voted but will it happen...war is a big step.
TopGunn
Champion Author Baltimore

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Message Posted: Mar 17, 2012 8:02:21 PM

Who will suffer the most in the long run?
craigrm
Champion Author Connecticut

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Message Posted: Mar 17, 2012 7:56:39 PM

Wonderful.... :-/
moonwoman
Rookie Author Austin

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Message Posted: Mar 17, 2012 7:52:28 PM

This is a bit off the wall.
JR57CA
All-Star Author Los Angeles

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Message Posted: Mar 17, 2012 7:49:15 PM

oh, goody...
umitb
Champion Author Indianapolis

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Message Posted: Mar 17, 2012 7:48:23 PM

ok
stevencr
Champion Author Ohio

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Message Posted: Mar 17, 2012 7:45:22 PM

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

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Message Posted: Mar 17, 2012 7:45:22 PM

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

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Message Posted: Mar 17, 2012 7:45:21 PM

It is matter of when; not if Israel will attack Iran.
packards42
Champion Author Washington

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Message Posted: Mar 17, 2012 7:41:13 PM

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

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Message Posted: Mar 17, 2012 7:41:01 PM

Not certain about Zero Hedge, a blog that has remained anonymous.
walkingtall
Champion Author Toronto

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Message Posted: Mar 17, 2012 7:40:34 PM

Isreal has had more power then the U.S.in there region always.
saleboss
Champion Author Phoenix

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Message Posted: Mar 17, 2012 7:40:32 PM

BO won't ever give his approval, that would take a decision!
theschmuck
Champion Author Michigan

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Message Posted: Mar 17, 2012 7:39:01 PM

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
Champion Author Maryland

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Message Posted: Mar 17, 2012 7:38:09 PM

Israel is a sovereign country. They should make their own decisions.
Hazelnut
Champion Author Greensboro

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Message Posted: Mar 17, 2012 7:37:06 PM

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 Detroit

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Message Posted: Mar 17, 2012 7:34:09 PM

Ok.
OGW
Champion Author London

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Message Posted: Mar 17, 2012 7:29:47 PM

Israel has always had more balls than any American President since the second world war.
clermont40miles
Champion Author Cincinnati

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Message Posted: Mar 17, 2012 7:29:34 PM

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:3,954
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Message Posted: Mar 17, 2012 7:26:33 PM

Any war or instability in the middle east will cause oil price to spike. Speculator will make sure of that.
MDTDriver
Champion Author California

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Message Posted: Mar 17, 2012 7:21:55 PM

The next war?
A2J
Champion Author Richmond

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Message Posted: Mar 17, 2012 7:17:02 PM

Increase or Decrease..,
DriverofRed
Champion Author Calgary

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Message Posted: Mar 17, 2012 7:14:50 PM

ok
blitzntj
Champion Author Jacksonville

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Message Posted: Mar 17, 2012 7:14:00 PM

Here we go
djm5x9
Champion Author Atlanta

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Message Posted: Mar 17, 2012 7:13:04 PM

Persians, watch your back . . .
humblepie
Champion Author Toledo

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Message Posted: Mar 17, 2012 7:11:46 PM

israel never announces their intentions, if
it happens it will be a night to remember.
TripleHs
Champion Author Austin

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Message Posted: Mar 17, 2012 7:09:36 PM

crazy
gils
Champion Author Ohio

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Message Posted: Mar 17, 2012 7:08:30 PM

ok
southrob
Champion Author Tucson

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Message Posted: Mar 17, 2012 7:07:41 PM

should have been 14-0 to attack
Gay_Blade
Champion Author San Jose

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Message Posted: Mar 17, 2012 7:05:54 PM

rhetoric and jawing.
rpr77
Champion Author Philadelphia

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Message Posted: Mar 17, 2012 7:05:32 PM

ok
wulf2000
Champion Author Miami

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Message Posted: Mar 17, 2012 7:04:59 PM

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

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Message Posted: Mar 17, 2012 6:59:53 PM

Oh boy.
slowtrain
Champion Author Georgia

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Message Posted: Mar 17, 2012 6:59:10 PM

OK
sweetdaddydee
Rookie Author Twin Cities

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Message Posted: Mar 17, 2012 6:58:42 PM

This ct be good for gas prices.
KhelbenArunson
Champion Author Michigan

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Message Posted: Mar 17, 2012 6:57:18 PM

ok
danreino
Champion Author Twin Cities

Posts:9,828
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Joined:Mar 2008
Message Posted: Mar 17, 2012 6:55:17 PM

Brent needs to take a dirt nap along with the London ICE.
PittSlovak
Champion Author Pittsburgh

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Message Posted: Mar 17, 2012 6:50:03 PM

Oil is going up.
evohnave
Champion Author Virginia

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Message Posted: Mar 17, 2012 6:47:46 PM

Wow, thanks for the quality article... Google Translate and all!

Let me use Google Translate on that:

Wow article goooooood!
29louieson
Veteran Author Phoenix

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Joined:Mar 2012
Message Posted: Mar 17, 2012 6:42:02 PM

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

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Message Posted: Mar 17, 2012 6:39:58 PM

This is not going to be pretty.
TelsaOR
Champion Author Oregon

Posts:3,596
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Joined:Jan 2011
Message Posted: Mar 17, 2012 6:36:45 PM

This conflict is inevitable. Now let's see what Obummer is made of. How can he mess this up?
HailstormCA
Champion Author San Diego

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Message Posted: Mar 17, 2012 6:35:50 PM

Know what prices will do upon certain actions it's important to see who's buying and selling before such actions.
AAxterra
Champion Author Tennessee

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Joined:Aug 2008
Message Posted: Mar 17, 2012 6:35:49 PM

ok
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