The price of Brent crude oil shot up to $125.73 a barrel on a rumor that the Israel cabinet voted 8-6 to authorize an attack on Iran.
From Richard Silverstein:
Maariv Reports Cabinet Favors Iran Attack, U.S. Delivers Iran ‘Final’ Ultimatum
Just when you thought it was safe to come out from your air raid shelter after Bibi returned from his U.S. foray to stoke up war fever, Maariv raises the temperature to a boiling point. Ben Caspit reports (Hebrew) that the cabinet now has, for the first time, a majority (eight votes for, six votes against) favoring the measure. This means that theoretically Bibi can begin an attack at any time. Of course, it could mean something different: it could mean the cabinet has approved a strike at any point in future with Bibi determining the timing. So it doesn’t necessarily mean the F-16s will fly tonight or tomorrow. But it could:
Read more ....Update: Brent At $126 As Israel Security Cabinet Votes 8 To 6 To Attack Iran -- Zero Hedge
My Comment: On a side note, when CVN Enterprise arrives in the Arabian Sea (in 5 days), there will be 3 US carrier groups in the region. (Hat Tip: Zero Hedge)
