Word: bidens
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Dates: during 2000-2009
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...analysts are jittery this week following comments on Sunday by Vice President Joe Biden that were widely interpreted as a green light to Israel to bomb Iran's nuclear facilities. Many in the industry have long viewed such an attack as a prelude to a nightmare in global energy markets: Iran retaliating by sinking oil tankers in the Strait of Hormuz, blocking the route by which most Persian Gulf oil travels to world markets. "We will be in deep, deep trouble," says Leo Drollas, deputy director and chief economist of the Center for Global Energy Studies in London. "The market...
...Obama Administration has hastened to correct the impression that Biden's comments represented a U.S. nod and wink to an Israeli air strike. The Vice President had said that while the U.S. believes that military action against Iran would serve neither American nor Israeli interests, Israel is a sovereign nation, and if it felt threatened by Iran, it would be "entitled to" launch an attack on the Islamic Republic "whether we agree or not." President Obama reiterated in Moscow on Monday that he opposes military action against Iran and instead wants a diplomatic solution to the nuclear standoff. But Prime...
...Biden's comments caused a stir precisely because U.S. officials have scrupulously avoided making comments that Iran might interpret as a green light from Washington for an Israeli strike. "That leads me to infer that [Biden's] was a planned statement," says Cliff Kupchan, director of Europe and Eurasia at the Eurasia Group, a risk consultancy in Washington. "It is very rare for any U.S. official, [much] less the Vice President, to make concrete comments on the possibility of an Israeli military strike on Iranian nuclear facilities." Kupchan warned in a note on Tuesday that Iran could interpret Biden...
...anyone who looks at security of supplies considers," says David Fyfe, head of the oil-markets division at the International Energy Agency in Paris, which represents oil-consuming industrialized countries. "It would affect up to 12 million bbl. of oil a day." (See highlights from a debate between Joe Biden and Sarah Palin...
...Biden's defining moments...