The London-based Arabic language newspaper Al-Hayat reported Saturday that "Washington has information according to which Israel gave Damascus 72 hours to stop Hizbullah's activity along the Lebanon-Israel border and bring about the release the two kidnapped IDF soldiers or it would launch an offensive with disastrous consequences."

The report said "a senior Pentagon source warned that should the Arab world and international community fail in the efforts to convince Syria to pressure Hizbullah into releasing the soldiers and halt the current escalation Israel may attack targets in the country."

Al-Hayat quoted the source as saying that "the US cannot rule out the possibility of an Israeli strike in Syria," this despite the fact that the Bush administration has asked Israel to "refrain from any military activity that may result in civilian casualties."

'Hizbullah made the same mistake'

The report also mentioned that President George W. Bush has repeatedly put much of the blame for the recent escalation on Syria.

"It is no coincidence that the Hizbullah operation comes at a time when the international community is working to impose sanctions on Iran due to its nuclear program and settle the score with Syria by establishing an international court to try those behind the assassination of former Lebanese Prime Minister Rafik Hariri," the Pentagon source said.

According to the source, Hizbullah made the same mistake as Hamas when it did not predict the ramifications of its actions and ignored the regional and international changes since the fall of Saddam Hussein.

The source said that Israel has indicated that it "will not end its military activity until a new situation is created that will prevent Syria and Iran from using terror organizations, such as Hamas and Hizbullah, to threaten its security."