The most concerning aspect of this development is the close association between Iran, Russia and the terrorist groups Hezbollah and Hamas. Hezbollah and Hamas currently occupy and control Lebanon and Gaza, respectively. The general assumption is that these Russian made arms will end up in the hands of Hamas and Hezbollah, which is not surprising given that many of the missiles currently being launched from Gaza are supplied by Iran and Russia.
As mentioned previously, prophecy watchers are keeping a close eye on developments between Russia and Iran, and their influence in the region. The current alignment (through various treaties and arms deals) of Russia, Iran, Syria, Turkey, along with northern Africa's Islamic States, and the various terrorists groups such as Hezbollah, Hamas and Fatah, looks very much like the geopolitical scenario seen by the prophet Ezekiel approximately 2,500 years ago.
All of this is occuring at a time of Israel experiencing major political turmoil. Israeli Prime Minister Ehud Olmert is under intense investigation, with mounting pressure to resign and it is becoming apparent that his term will end soon. The question then becomes, will Israel hold new elections, and if so, who will be in power next? Its unclear how Olmert's demise will change things in Israel, but its certianly a significant development - one to follow closely. This political uncertianty may also serve as an opportunity for one of the terrorists groups to attack Israel, as so frequently promised.
As usual, its difficult to see exactly where all of this is going, but in these end times, any significant development in Israel seems to have prophetic implications. Things are happening at a rapid rate in the middle east and its a given that violence will continue to escalate, probably over the course of this summer.
Meanwhile, we'll continue to watch and spread the news of Christ's return.