Israel Will Not Allow Iran to Become a ‘Nuclear Threshold Country’

Israeli Foreign Minister Yair Lapid with Justice Minister Gideon Saar and Tourism Minister Yoel Razvozov in the Golan Heights on Sunday (EPA)
Israeli Foreign Minister Yair Lapid with Justice Minister Gideon Saar and Tourism Minister Yoel Razvozov in the Golan Heights on Sunday (EPA)
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Israel Will Not Allow Iran to Become a ‘Nuclear Threshold Country’

Israeli Foreign Minister Yair Lapid with Justice Minister Gideon Saar and Tourism Minister Yoel Razvozov in the Golan Heights on Sunday (EPA)
Israeli Foreign Minister Yair Lapid with Justice Minister Gideon Saar and Tourism Minister Yoel Razvozov in the Golan Heights on Sunday (EPA)

Israel's Foreign Minister Yair Lapid said on Monday that “Israel will not allow Iran to become a nuclear threshold country."

Lapid said Israel presented its allies with "intelligence that proves Iran is deceiving the world in a completely systematic way."

"All Iran cares about is that sanctions are lifted, and billions of dollars are poured into its nuclear program, Hezbollah, Syria, Iraq, the terrorist network they have deployed around the world," Lapid told the Foreign Affairs and Defense Committee, according to a press release.

“Stopping Iran’s nuclear program is the primary challenge for Israeli foreign and security policy,” he stressed.

“In recent months, we’ve engaged in an intensive dialogue with all the countries involved in these negotiations. Naturally, primarily with the United States, but not only. I’ve traveled to Moscow, Paris, London, and of course, Washington.

We have told everyone clearly: Israel will not let Iran become a nuclear threshold state.

Certainly, we prefer to act through international cooperation, but if necessary – we will defend ourselves, by ourselves,” he underscored.

Lapid warned that Israel is prepared to act alone against Iran if needed as nuclear talks resume.

"A good agreement is good. We oppose an agreement that does not allow for real oversight... of the Iranian nuclear program."

Vice Admiral Eliezer Marom said in this regard that Israel “has the ability to attack Iran, and will soon have no other choice because the proverbial sword is almost on its neck. It appears this moment is fast approaching.”

In an opinion piece published in Israel Hayom newspaper, Marom wrote “We cannot rely on American military intervention, which most likely will not come.”

He added that the Israeli Army “must receive a clear directive from the Israeli government, which defines the objective: Significant and devastating damage to Iran's nuclear program; and the target date: fall of 2022.”

Marom continued that despite the difficulties, it seems the time has come for the Israeli Army “to prepare a strike plan in conjunction with the country's intelligence services.”

He noted that the army “is capable of hitting Iran's nuclear program. The plan should be diverse, include elements that will catch the Iranians off guard, and inflict heavy damage on their nuclear facilities and air defenses.”



EUROPE GAS-Prices Rise on Lower Wind Speed, Russian Gas Uncertainty

Model of natural gas pipeline and Gazprom logo, July 18, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
Model of natural gas pipeline and Gazprom logo, July 18, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
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EUROPE GAS-Prices Rise on Lower Wind Speed, Russian Gas Uncertainty

Model of natural gas pipeline and Gazprom logo, July 18, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
Model of natural gas pipeline and Gazprom logo, July 18, 2022. REUTERS/Dado Ruvic/Illustration/File Photo

Dutch and British wholesale gas prices rose slightly early on Monday, as they traded in a narrow range, caught between low wind speed and uncertainty over Russian gas flows to Europe when the Ukraine gas transit deal expires at the year-end.

The benchmark front-month contract at the Dutch TTF hub edged up by 0.84 euro to 44.65 euros per megawatt hour (MWh), or $14.3/mmBtu, by 1016 GMT, while the day ahead contract was up 1.08 euro at 44.38 euros/MWh.

In Britain, the day-ahead contract was 2.25 pence higher at 110.25 p per therm.

"The spot and the curve (prices) are still supported by the prospect of a non-renewal of the Russia-Ukraine gas transit deal," analysts at Engie's EnergyScan said in a daily note, according to Reuters.

The situation with European countries that buy Russian gas is very complicated and requires increased attention, the Kremlin said on Monday, after talks between President Vladimir Putin and Slovak Prime Minister Robert Fico.

Fico said on Sunday that Putin had confirmed Russian willingness to continue to supply gas to Slovakia, even though the Slovak leader said this was "practically impossible" once a gas transit agreement between Russia and Ukraine expires.

Russia's Gazprom said it would send 42.1 million cubic metres of gas to Europe via Ukraine on Monday, a volume in line with recent days.

Meanwhile, wind generation will drop sharply today in France and Germany and the confidence for high wind output is reduced, supporting gas for power demand, EnergyScan analysts said.

In Britain, peak wind generation is forecast at 19.1 gigawatts (GW) on Monday, falling to 15.6 GW on Tuesday, Elexon data shows.

In the European carbon market, the benchmark contract was up 0.22 euro at 67.91 euros a metric ton.