Iran is dragging out nuclear talks and Trump is running out of patience, which is bad for oil markets and likely bad for Iran.

• Iran hit the UAE's only nuclear power plant over the weekend, attacking a neighbor while peace talks stall.
• Trump and Netanyahu had a 30-minute call and the US and Israel are preparing for renewed strikes on Iran.
• Iran is stalling on purpose, betting Trump wants a deal before his birthday and the World Cup.
• Trump rejected Iran's latest proposal because the first line did not fully rule out nuclear weapons.
• Oil is back up around $106, and Rubio said the White House will not soften the Iran deal just to bring gas prices down.
• China offered to help with talks and opening the Strait of Hormuz, but Trump said the US does not need China's help.

Outlook: A US or Israeli strike on Iran looks likely in the coming weeks if Iran does not agree to give up nuclear work, with Kharg Island a possible target.