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by Monavar Khalaj, Press TV, Iran Iran is a crucial player in the energy world. Isn't it time such a position was more widely acknowledged? Former Israeli war minister Shaul Mofaz threatens to attack Iran. What happens the very same day? US oil futures leap more than $11 dollars a barrel. "If Iran continues its nuclear weapons program, we will attack it," Mofaz declared in a June 6 interview with Yediot Aharonot. Such aggressive rhetoric by the Israeli deputy prime minister, himself an Iranian-born Jew, caused the black gold to see its biggest one-day jump ever - to close near $140. On June 7, Antoine Halff, an analyst at Newedge Group, warned: "The Mofaz comments bring home the point that the dispute over Iran's nuclear program remains unresolved and that the risks of military confrontation are indeed increasing. This will... [read full story]
