Analysts say Israel and the US are gearing up for a far larger war with Iran, likely within weeks, with no realistic path to a diplomatic deal left.

• Iran has lost faith that Trump can strike or honor any deal, since he scrapped sanctions relief within weeks of signing it, so talks are basically dead and the odds of a deal are close to zero.
• Netanyahu has said openly that Israel doesn't need US approval to strike Iran and plans to go on the offensive, suggesting Israel calls the shots and Washington follows along.
• Military buildups are already in motion, with Israel's elections and the US midterms seen as the key timing triggers, and attacks could target Iran's oil and energy infrastructure directly this time.
• Iran has warned it would hit back by striking Gulf oil fields, and potentially even data centers and undersea internet cables, which could crash global energy supplies and trigger a worldwide economic crisis.
• Trump's public "I don't trust him" comments about Netanyahu were followed days later by a full endorsement, seen as more evidence Trump is not really the one driving decisions here.

Outlook: A new round of fighting is widely expected within the next couple of weeks, and if energy infrastructure gets hit on both sides, analysts warn it could spike oil prices sharply and tip the global economy into a serious downturn.