A report in the right-wing Israeli newspaper The Jerusalem Post claims that President Bush intends to attack Iran in the upcoming months, before the end of his term.

The move would play further havoc with oil prices, and could send the price of oil spiraling to $200 and beyond.

Iran claims to have the world’s third largest reserves of oil at approximately 136 billion barrels as of 2007. The country ranks second if Canadian reserves of non-conventional oil are excluded.