Mofaz: Iran near nuclear breakthrough

Oil up $3 a barrel after minister's comments; says Syria talks should continue after PM steps down.

August 1, 2008 18:13
2 minute read.
shiny head contest

mofaz olmert 224.88. (photo credit: AP [file])


Dear Reader,
As you can imagine, more people are reading The Jerusalem Post than ever before. Nevertheless, traditional business models are no longer sustainable and high-quality publications, like ours, are being forced to look for new ways to keep going. Unlike many other news organizations, we have not put up a paywall. We want to keep our journalism open and accessible and be able to keep providing you with news and analyses from the frontlines of Israel, the Middle East and the Jewish World.

As one of our loyal readers, we ask you to be our partner.

For $5 a month you will receive access to the following:

  • A user uxperience almost completely free of ads
  • Access to our Premium Section and our monthly magazine to learn Hebrew, Ivrit
  • Content from the award-winning Jerusalem Repor
  • A brand new ePaper featuring the daily newspaper as it appears in print in Israel

Help us grow and continue telling Israel’s story to the world.

Thank you,

Ronit Hasin-Hochman, CEO, Jerusalem Post Group
Yaakov Katz, Editor-in-Chief

UPGRADE YOUR JPOST EXPERIENCE FOR 5$ PER MONTH Show me later Don't show it again

Transportation Minister Shaul Mofaz warned Friday that Iran is on the verge of a "major breakthrough" in its quest to produce nuclear weapons and assessed that Teheran would be able to enrich uranium to military levels as early as the end of 2009. "We won't allow a second Holocaust," declared Mofaz, who was in town for strategic dialogue talks with the US, which he said agreed with Israel that a unified policy toward Iran was needed that emphasized financial pressure but also kept all options on the table. While the diplomatic route was preferred on Iran, "even diplomacy has its limits," he said. Mofaz, however, embraced diplomacy with Syria and the Palestinians, saying that if he were to become prime minister, he'd continue talks with both parties. He expressed confidence that he would win next month's Kadima primary now that Prime Minister Ehud Olmert has announced he wouldn't run, and said he would try to create a national unity government should he prevail. Mofaz's sharp words on Iran, delivered at the Washington Institute for Near East Policy, seemed to affect international energy prices, as oil jumped $4 a barrel before evening off at just $1 more than Thursday's price. Investors signaled their concern that conflict with Teheran could send oil prices soaring. When asked about the possibility that Israel's Iran policy could contribute to spiraling energy costs at a briefing with reporters later in the day, Mofaz responded, "The existence of the State of Israel is more important than gas prices." He said Israel's red line for any deal was that the Islamic Republic not be able to enrich uranium on its own soil, and urged a further round of international sanctions. "One thing that's clear is the Iranians are continuing their policy of buying time, and so far they are succeeding," he charged. "The window of influence is becoming smaller and I believe is about to close," he said. "It's a race against time, and time is winning." But Nicholas Burns, who served as the No. 3 official at the State Department and led the American side of the strategic dialogue with Israel until he left government this spring, said there was room for diplomacy to work. "There's no question in my mind that this is a time for diplomacy and not war. We have to give diplomacy a chance, and as we watch diplomacy along the continuum. It is just getting started," said Burns, who appeared alongside Mofaz at the Washington Institute event, calling for tougher international sanctions. "There is time. There is a measure of time for diplomacy to play out."

Related Content

Jisr az-Zarq
April 3, 2014
Residents of Jisr az-Zarqa beckon Israel Trail hikers to enjoy their town