Defense Minister Avigdor Liberman sought assurances from Russia on Thursday that its advanced missile defense systems won’t be used against Israeli jets over Syria, and he called on Moscow to condemn Iran for its repeated threats against the Jewish state.
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In other words, will Russia give Israel to the OK to attack Syria and Iran? If Putin agrees (and since the US obviously wants to lick Israel's boots), this means war. BIG war.
Minimum impact - higher gas and oil prices. Maximum impact - the sky's the limit.