Negative for the US, Iran, and Gulf states — the Iran "deal" looks fake and a wider Middle East war is escalating in real time.

• Trump is bombing Iran's water facilities, leaving 20,000 people without water, and is threatening to hit power plants next.
• The talk of a near deal looks empty — Trump has claimed a deal was days away dozens of times over two months.
• Iran is fighting smart and cheap, using drones to destroy expensive US systems, including a $1.5 billion radar in Bahrain that hurt regional air defenses.
• US interceptor stocks are running low, forcing odd fixes like using Apache helicopters and A-10 jets to shoot down drones.
• Iran's goal is to wear down US forces and pressure Gulf states to push America out of the Middle East for good.

Outlook: Iran is expected to hit water and energy targets in Israel and Gulf states next, pushing toward a wider war that ends badly for the US and Israel.