Oil
Pressure: Fallout from the Iraq Study Group Report The situation in Iraq is grave and deteriorating. —Iraq Study Group There is a strong possibility that Iraq will erupt in even more chaotic and undeniable civil war within the next year no matter what the United States does. The worst case scenario envisioned in a paranoid nightmare (not envisioned in the Iraq Study Group Report) is a Middle Eastern melee that ignites a sea of oil. If Iran strengthens support of the currently Shiite dominated government, Saudi Arabia and Syria could step in to support the disenfranchised Sunni Arab insurgency, which now includes al Qaeda. The Sunni-practicing Kurds seem to be aligning with the Shiite-dominated government, but they are a wild card and want independence. As Iran continues its nuclear program, a threatened Israel could bomb Iran, Turkey could intervene to quell the Kurds, and the region could erupt in an all-out Middle Eastern war drawing in Lebanon, Kuwait, Jordan, Afghanistan and possibly more countries. The price of oil would skyrocket.
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