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...Persian Gulf neighbor. "I hope and am confident that we will not see any war between America and Iran, and that all these negotiations will settle things amicably," Attiya said. But in the event of further conflict in the region, such as a threatened U.S. attack on Iran's nuclear installations, Attiya said, "I think there will be a big jump [in oil prices]." War would cause an actual drop in global oil supplies which, he explained, "will create a panic, a shortage in the market...

Author: /time Magazine | Title: Oil Prices: Don't Blame OPEC | 10/30/2007 | See Source »

...Ahmadinejad has repeatedly pooh-poohed the idea that the U.S. might take military action against Iran, to the anger and alarm of others in the Iranian leadership structure, who accuse him of downplaying a real danger. Ahmadinejad says that he considers the U.N.'s case against Iran's nuclear program closed, and dismisses U.N. sanctions as "piles of paper." Bragging that Iran's uranium-enrichment efforts have succeeded in achieving "the capacity for industrial-scale fuel cycle production," he also recently withdrew a compromise Iranian proposal that would base its enrichment activities in an international consortium that would allow Western...

Author: /time Magazine | Title: Iran War Drumbeat Grows Louder | 10/26/2007 | See Source »

...Against the backdrop of crucial parliamentary elections in 2008 and his presidential reelection bid in 2009, Ahmadinejad is now seeking a greater leadership role in nuclear decision-making, which is controlled by the regime's supreme leader, Ayatollah Ali Khamenei. Last week, Ahmadinejad accepted the resignation of Ali Larijani, the pragmatic conservative chief negotiator who is a bitter political rival to the President. Although all Iranian leaders defend their right to uranium-enrichment technology for purposes of producing nuclear energy, Larijani believes it is in Iran's national interests to reach an understanding with the West. But on at least...

Author: /time Magazine | Title: Iran War Drumbeat Grows Louder | 10/26/2007 | See Source »

...similar hardening of positions has been taking place in Washington, with U.S. rhetoric assuming a more confrontational tone in the past two weeks. On Oct. 17, Bush warned that "if Iran had a nuclear weapon, it would be a dangerous threat to world peace" that risked a third world war. Four days later, Vice President Dick Cheney warned, "The Iranian regime needs to know that if it stays on its present course, the international community is prepared to impose serious consequences... We will not allow Iran to have a nuclear weapon...

Author: /time Magazine | Title: Iran War Drumbeat Grows Louder | 10/26/2007 | See Source »

...tougher tone suggests that U.S. policy has taken a subtle, yet decisive, turn toward not merely stopping Iran's nuclear program, but seeking the end of the Islamic regime. Cheney's objections to Iran went well beyond its uranium-enrichment activities, to include Iran's policies toward Israel and the U.S., its activities in Iraq, its suppression of domestic opposition and what he called its drive for "hegemonic power" in the region - a term echoed by the less hawkish Rice in her congressional testimony...

Author: /time Magazine | Title: Iran War Drumbeat Grows Louder | 10/26/2007 | See Source »

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