"They're in the last 20 yards. And you can't let them cross that goal line," Netanyahu said. "Because that would have unbelievable consequences."

“Iran is guided by a leadership with an unbelievable fanaticism, "It's the same fanaticism that you see storming your embassies today,” Netanyahu said referring to a string of riots across the globe sparked by the U.S.-made short film titled "Innocence of Muslims."

The Israeli prime minister also said he disagrees with the statements that Iran’s nuclear weapons would stabilize the situation in the Middle East calling this approach “a new standard for human stupidity.”

Israel, the United States and a number of Western European countries suspect that Iran is running a nuclear weapons program under the guise of a civil nuclear project. Iran denies these allegations and maintains that its nuclear ambitions are peaceful.

Tehran is currently under several packages of Western-backed sanctions, including EU-brokered oil embargo that came into effect on July 1.