Gas and diesel prices are at record highs with no Iran deal in sight, which is bad for drivers, bad for inflation, and bad for Trump heading into the midterms.

• Average gas hit a record over Labor Day weekend, and diesel set an all-time high as the Ukraine and Iran wars knocked out refineries.
• The energy secretary refused to predict where prices go next, pointing to lower futures and looser fuel blending rules while blaming Democrat-run states.
• Shipping through the Strait of Hormuz still needs US Navy escorts, so oil supply stays fragile and prices are likely to jump again.
• Trump's approval hit its lowest in the Financial Times poll, and no deal looks close with Iran, Russia, or Ukraine.
• Families of US troops killed in the Iran fighting are being denied extra death benefits because Congress never formally declared war.

Outlook: Expect fuel prices to stay high and no Iran deal soon, with the far right in Germany showing this political wave is bigger than Trump.