Oil is jumping again after a key Saudi pipeline went down, and Trump is promising $5,000 checks if Republicans keep Congress — bad news for anyone paying for gas, and shaky math for the budget.

• A Saudi pipeline that carries oil around the Strait of Hormuz was shut down after drone damage, pushing oil past $100.
• Nobody knows how bad the damage is or how long the shutdown lasts, and an Iran–Gulf States meeting on Hormuz was postponed.
• Diesel has hit $10 a gallon at some California stations, while Trump says Iran is the one running out of gas.
• Trump promises every adult a $5,000 "dividend" from tariff money if Republicans win the midterms, but tariffs bring in a fraction of what that would cost and Congress would have to pass it.
• The Kennedy Center says it could go broke within weeks, and its Trump-appointed leaders argue putting his name on the building is the fix; LIV Golf has also filed for bankruptcy.

Outlook: Gas prices likely keep climbing while the pipeline stays offline, and the $5,000 checks almost certainly stall in Congress.