Here is the NBC report:
I wrote a detailed blog post about the situation last September outlining the powder keg of simmering hatreds and political conflicts just waiting to explode.
Much like the Balkans after the exit of the Soviet Union, Iraq is set to become a nexus of brutality and genocide. But the danger doesn't stop there.
The ethnic/religious nature of this war which pits Arab against Kurd and Sunni against Shia will almost certainly pull neighboring countries Iran and Syria into the fray. This conflict could potentially spread to Jordan, Turkey, and even Saudi Arabia. If it does, I can't begin to guess how high gas prices will jump...and it will happen very quickly, just as it has every other time the region becomes more unstable than usual. One can only imagine what effect this would have on fragile Western economies.