Trump and Tehran are boxed in until the midterms because Iran wants to keep U.S. gas prices high and the president can’t accept ‘surrender’

Good morning. On Fortune’s radar today:

• The war with Iran won’t end until after the midterms.
• Markets: Room to breathe.
• Americans are convinced the job market is getting worse.
• Europe is within reach of net-zero energy generation.
• The price of oil boosts Democrats in the prediction markets.
• “Learn to code” may no longer be good advice, Elon Musk says.

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