The US-Iran fight is heating up again, pushing oil above $90 and gas prices to a record August high — bad news for drivers, and for anyone already squeezed by rising costs.

• Iran fired ballistic missiles at US forces in Jordan after a US strike on Larak Island aimed at stopping mine-laying near the Strait of Hormuz.
• Trump declared Iran "a failed nation" with no navy, no air force, and 300% inflation, while bragging that the blockade is crushing them.
• Netanyahu publicly boasted he spent decades and a thousand hours on American TV convincing the US to take on Iran — Iran is now calling him a serpent.
• Oil is not just gas: it feeds plastics and fertilizer, so a war-driven price spike raises the cost of almost everything.
• Turkey, Pakistan and Saudi Arabia are meeting on joint defense while Iran courts India — steps toward a system that leans less on the dollar.

Outlook: Oil could push toward $100 if the strikes keep escalating, and current polls point to Democrats taking both the House and Senate in the midterms.