US Secretary of State Hillary Clinton on Tuesday dismissed speculations that US-Israel relations were at their worst point in 35 years over an Israeli decision to build new housing units in Jerusalem despite Washington's objections, and re-affirmed her administration's commitment to Israel's security.

"Oh, I don't buy that," Clinton told reporters at the State Department on Tuesday. "I have been around, not that long, but a long time. We have an absolute commitment to Israel's security."

"We have a close, unshakable bond between the United States and Israel," Clinton said, "and between the American and Israeli people who share common values and a commitment to a democratic future for the world."

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