Oil Spikes on Israeli Defense Chief's Threats of New Strikes

Israel Defense Minister Katz has said in a Thursday briefing: "It is possible that soon we will need to act again in Iran to ensure that the regime cannot threaten Israel for years to come," according to a local reporter. According to more, he said that while Israel supports the United States' diplomatic efforts with Iran, it may "soon be required to act again" to remove the "existential threats" posed by the Islamic Republic. "Iran has suffered extremely severe blows over the past year, blows that have set it back years in all areas," Katz…