"President Barack Obama on Sunday told a pro-Israel lobbying group that 'loose talk of war' was only serving to benefit Iran because it was driving up the price of oil."
"In his speech to the American Israel Public Affairs Committee (AIPAC), the president warned of the 'cost and consequences of war.' ...
'Already there is too much loose talk of war. Over the last few weeks, such talk has only benefited the Iranian government, by driving up the price of oil, which they depend on to fund their nuclear program. For the sake of Israel’s security, America’s security, and the peace and security of the world, now is not the time for bluster; now is the time to let our increased pressure sink in, and to sustain the broad international coalition we have built.'"
David Edwards reports for Raw Story March 4, 2012.
SEE ALSO:
"General Warns of Syrian Bioweapons, Iran Threat" (AP)
"Gas Prices Up for 27 Straight Days To $3.77 for Regular" (AP)
"Are Speculators To Blame for Soaring Gas Prices?" (Ezra Klein's Wonkblog/Washington Post)
"Expert: Gas Prices Up Due to International Conflict" (WKBN 27 Ohio)
"Hoyer: Speculation, Fear Of Iran Conflict Is Driving Gasoline Price Increases" (4-Traders)
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