Is Israel telegraphing to the world an imminent move against Iranian nuclear facilities? Oil traders think so!

The ratcheting up of rhetoric by Israeli officials focused on Iranian nuclear ambitions has culminated in recent weeks with an Israeli military official describing the threat to Israel as greater than the threat they faced during the run up to the Six day War, and the Aug 6 op-ed piece in the WSJ by Michael Oren, Israeli Ambassador to the US, stating that the window for effective action against Iran is narrowing quickly. The importance of Amb Oren’s comments is that an Israeli official is placing a time frame for Israeli/Western response.

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