Diesel prices topped $6 a gallon for the first time ever, which is bad news for anyone who buys anything that moves by truck.

• Record diesel costs will push up prices on food, freight, and just about everything else.
• Government bond yields are pushing toward 5%, so mortgages, car loans, and credit will get more expensive.
• Iran-backed Houthis seized a key Yemeni port and are moving on another oil chokepoint near the Red Sea, threatening supply as winter demand builds.
• Saudi Crown Prince MBS pressed Trump to strike the Houthis, and Trump says he has no regrets about starting the Iran war.
• Trump promised every American $5,000 if Republicans hold the House and Senate in November — a pledge critics call vote-buying that would add to the debt.

Outlook: With war widening and borrowing costs climbing, fuel and food prices look set to keep rising through the winter.