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Iran hits Gulf neighbors as oil spikes and midterm panic sets in

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Just when everyone thought things had cooled down for a minute, Iran decided to remind everyone that peace was never an option.

After sitting quietly for about a month, Iran went ahead and lobbed strikes at its Gulf neighbors, firing back after earlier U.S. attacks.

Six months into this conflict, oil prices are through the roof and the global economy is feeling the pinch. But the real squeeze is happening across the ocean: expensive crude is creating a massive political headache for Trump and the Republican Party just ahead of November's midterm elections.

Nothing focuses a voter's mind quite like eye-watering gas prices on the way to the ballot box.

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