In a small bowl, combine the first nine ingredients. Spread over steak, roll-up jelly-roll style, starting with the long side. Tie with string.
In a heavy skillet or Dutch oven, heat oil and brown meat on all sides. Add water; cover and bake at 350° for 45 minutes. Let stand for 5 minutes. Remove string; cut steak into 1-1/2-in. slices. Serve with spaghetti sauce and pasta. Yield: 6-8 servings.