Bush headed to Middle East this week

WASHINGTON (CNN) - President Bush is headed to the Middle East this week to meet with the leaders of the region's top U.S. allies - Israel, Saudi Arabia, Egypt and Jordan - and is expected address two major topics: regional security and rising oil prices.

The trip - which begins on Tuesday and ends on Sunday - comes as diplomats work to help Israel and the Palestinians move toward a peace agreement, Lebanon has been rocked by a new outbreak in violence, Iraq remains mired in war, and skyrocketing oil prices reverberate across the globe.

Bush will meet in Israel with President Shimon Peres and Prime Minister Ehud Olmert and he will address Israel's parliament, the Knesset, according to the White House.