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1) While the "position" of Turkey is understandable -- to the extent that inherently childish if blood-thirsty Islamists conduct is ever truly rational... it is certainly NOT acceptable. Not by Greece, Cyprus, not by US/NATO, certainly not by Israel ---> even Turkey's former buddies Iran & Syria are increadinglt pissed off at it. No wonder, Erdogan & Davotoglu rode Ataturk/Western/Secular coat-tales & suddenly they think they're some kind of geo-strategic, neo-Ottoman geniuses???? LOL, even economically speaking, without billions in (temporary) investments & credits from Riyadh, Doha and Qatar, Turkish bubble would pop so fast like you wouldn't believe!

2) Gas & oil. Israel for decades had no natural resources, and despite being a tiny, massively outnumbered country, despite all the political/economic wars & unremitting terror attempts it internally... somehow it not just survived but flourished & made the formerly swampy, malaria-stricken, desolate desert bloom in very short period of time, historicall speaking. Now, Israel has discovered oil & gas, both off-shore and shale... great. So if Turkey thinks somehow it's entitled to muscle into the game literally 100's of kilometers beyond its shores, it's got another thing coming. Mavi Marmara, Palmer Report, etc should have taught them a lesson, but I guess it didn't.

3) Russia. Its mafia & business have significant presence in Cyprus and Russia is also warming up ties with Israel -- which is a smart thing, especially since Arab "Spring" has shown that you can never rely on Muslims stability or peace... Do you think for ONE moment Russia will allow Turkey to bully its interests in the region? After all that trouble Turkey helped cause in the Caucuses, as someone else mentioned?

If Turkey doesn't stop fucking around, it would be better idea if Turkey leave NATO and Russia eventually join (post-Putin, probably).