10.22.2008

Financial Meltdown defuses military options on Iran

LONDON (Reuters) - The global financial crisis has eclipsed Western jitters over Iran's nuclear program and may have put paid to the possibility of the United States or Israel resorting to preemptive military strikes.

To bomb Iranian sites now, diplomats and analysts say, would risk triggering an even more intolerable tumult should Tehran choke off oil exports -- something neither U.S. President George W. Bush nor his imminent successor looks likely to countenance.

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