The Iran war has turned into a full-blown energy crisis, and it is bad news for American drivers, truckers, airlines, and anyone buying groceries — though oil companies are making record profits.

• Iran-backed militias in Iraq knocked out the pumping stations on Saudi Arabia's East-West pipeline, the main route for moving oil around the closed Strait of Hormuz, and repairs could take two months or more.
• The Houthis now control the Bab al-Mandeb Strait, cutting off the other way out of the Red Sea, so far less oil is reaching world markets than the Trump administration claims.
• The backups that were holding prices down are gone: the U.S. has burned through a third of its strategic oil reserve, and China has stopped drawing on its own reserve and is back buying oil on the world market.
• Diesel is at record highs and stations in Texas, Florida, and California are running dry, which means higher prices for food and everything else delivered by truck; United Airlines is already cancelling December flights over jet fuel costs.
• Americans have paid over $100 billion extra for gas and diesel since the war began, and Trump's approval on inflation has hit the worst level ever recorded for any president, with Republicans like Marjorie Taylor Greene and John Thune now breaking with him.

Outlook: With more attacks on Saudi oil infrastructure expected, Trump threatening to escalate against Iran, and no peace talks in sight, gas and diesel prices are expected to keep climbing well past the midterm elections.