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Exxon Mobil, one of the world's largest oil companies, has challenged Iraq's Prime Minister Maliki as the political leader of war torn Iraq, works to stop the growing regional separatism of his nation as it relates to the central government's control over territory and the oil rights of the different regions of Iraq. Iraqi Kurdistan, the oil rich region of Iraq, has signed an agreement with Exxon Mobil for billions of barrels of oil which could jeopardize Maliki's central government's authority and bring down the fragile power sharing coalition in Baghdad.
The stability of Iraq's coalition government made up of Sunni Moslems, Shiites, and the Kurds is at risk of breaking up over the control of Iraq's greatest natural resource, oil.
Jimmy's Prophetic Prospective on the News
The battle over the oil rights of war torn Iraq is setting the stage for a scenario that can be found in Bible prophecy for the last days.
It has been known for a long time that the rebuilding of war torn Iraq would be paid for by the agreements for the oil rights to the massive oil fields in Iraq. Petroleum experts say that today's greatest source of oil can be found under the ground of this battlefield in the Middle East. Iraq's Prime Minister Maliki is doing a balancing act as he tries to stabilize his national coalition government but at the same time, reap the benefits for the sale of the oil rights across all of Iraq. Some say that Prime Minister Maliki is not up to the task of rebuilding his nation and making Iraq an economic powerhouse in this oil rich region of the world.
The prophetic scenario found in Bible prophecy foretells of an appearance of a strong man who will bring Iraq to the economic center of the world. John, the writer of the book of Revelation, reveals the appearance of the Antichrist, that strong man, who will in fact head up the economic power base in Babylon which is modern-day Iraq (Revelation 13 and 18). Jeremiah and Isaiah see the rise of Babylon, today's Iraq, as the precursor to the return of Jesus Christ (Isaiah 13,14 and Jeremiah 50, 51.). Revelation 16:17-21 predicts the total destruction of Iraq which is Biblical Babylon, this oil rich nation that will come to power in the last days. Bible prophecy will indeed be fulfilled.