Iran's missile attacks on American bases in Jordan mark a sharp escalation, and it is bad news for US troops in the region, for drivers, and for anyone hoping the war winds down soon.

• Iran fired medium-range missiles at US bases in Jordan overnight, and many appear to have gotten through the defenses.
• US diesel hit a record high and oil pushed back above $100 a barrel, pushing costs up across the economy.
• Former counterterrorism director Joe Kent and Col. Daniel Davis both say US troops and ships there serve no real purpose now and should be pulled out before a mass-casualty hit drags the US deeper in.
• Trump says the war will end right after the midterms because Iran cannot hold out — a claim both men reject, since Iran is going on the offensive and will not wait.
• Gold is surging and silver with it, as the Netherlands moves its gold reserves out of the US on worries about the dollar.

Outlook: More Iranian strikes on US bases and ships look likely before the midterms, with a real risk that one big hit forces a much larger American response.