Israel's recent attack on a suspected North Korean weapons site in Syria could signal that an attack on the Iranian nuclear program by Israel is imminent. This could become the biggest news story for late 2007 or 2008.
The attack by Israel seems to prove that they will not tolerate a serious military threat to their nations's security, which seems to strongly suggest that by under the same line of reasoning, Iran could well be next.
Oil is currently at all time record levels. This week it peaked at at over $83.50 in one day of international trading and is now resulting record home heating oil prices with gasoline likely to soon follow. It is estimated that it may cost up to 20% more to heat their homes this year.
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