Yes, I believe this is the prelude to WWIII. Things will continue to destablize even more in the Middle East and more countries will get involved until we are fighting on several different fronts across the globe. Add to this the increase in terrorism within the US.
However, I would like to point out that there seems to be this comman notion that WWIII will mean the end of the world. Many people seem to think that WWIII will be or will lead to the Armageddon that is mentioned in the Bible, and then that will be it for this planet. But I don't believe there is anything out there to suggest that we are in The Final Days. Even if nuclear weapons were to be used in the war, it will still not mean the end of the world. We may have WWIII on our hands here shortly, but just like WWI and WWII it will eventually come to an end. Afterwards the world will have certainly changed from the way it is today, but it will go on....
[REM]It's the end of the world as we know it, and I feel fine.[/REM]