Two American soldiers were killed in Jordan overnight as the US-Iran war escalated into its second week, with Iran striking civilian infrastructure across the Gulf and Brent crude surging past $85 per barrel — the highest in a month. For UK households already bracing for energy price pain, the Strait of Hormuz crisis just became a very personal problem.

Background

The fragile ceasefire between Washington and Tehran collapsed less than a month after it began. Donald Trump...