Prophecies unfolding right before your eyes...


Posted: Dec 18, 2009 11:00 am CST

Oil rises after report Iranian forces surrounded Iraqi well

Iranian soldiers crossed into Iraqi territory on Friday and took up position at a southern oilfield whose ownership is disputed by Iran, a senior Iraqi official said (Reuters)

Dec. 18 (Bloomberg) -- Oil rose to the highest price in a week after reports that Iranian forces entered Iraqi territory early yesterday and positioned tanks around a well in a region south of Baghdad. . . continue reading.