Should the Nobel committee reconsider Shimon Peres’ peace prize?

Juan Cole says:

Shimon Peres says he wants to remind Iran that it, too, can be wiped off the face of the earth, implying that Israel is capable of obliterating it with its nuclear arsenal. Peres also had the gall to blame Iran for provoking a nuclear arms race in the area!

Is Peres really implying as much?

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