The US military says it has downed six Iranian ballistic missiles launched towards its Gulf allies, while a seventh missile failed to reach its target.Iran’s Revolutionary Guard Corps said it targeted a US airbase in Kuwait and the US Navy’s 5th Fleet in Bahrain, according to Iranian state media.The attack came on Friday just hours after the US military also shot down four Iranian attack drones headed towards the Strait of Hormuz, with US Central Command saying they “posed an immediate threat to regional maritime traffic”.US forces later struck Iranian coastal surveillance radar sites in Goruk and on Qeshm Island along the strait “to defend against further attacks”, according to Centcom. Meanwhile, Donald Trump said Washington did not necessarily need a ceasefire deal in order to get Iran’s enriched ⁠uranium."We could get it right ⁠now. I don't think ​they ⁠could stop ‌us if we wanted, but there's no reason to. ‌It's entombed”, he ‌told reporters in the Oval Office.Everything you need to know this morningGood morning. Here’s everything you need to know after the US said it downed six ballistic missiles aimed at Gulf states:• The US military says it has downed six Iranian ballistic missiles launched towards its Gulf allies, while a seventh missile failed to reach its target• Iran’s Revolutionary Guard Corps (IRGC) said it had targeted US bases and assets in Kuwait and Bahrain• US forces later struck Iranian coastal surveillance radar sites in Goruk and on Qeshm Island along the strait “to defend against further attacks”• No injuries have currently been reported Nicole Wootton-Cane6 June 2026 07:30Rachel Dobkin6 June 2026 07:00Oil executives warn Trump that Iran war will cause gas prices to spike within weeks due to dwindling supplies: reportSeveral oil industry executives have reportedly privately warned the White House that the ongoing closure of the Strait of Hormuz is straining global oil inventories and could lead to gas price spikes in the coming weeks.For more than three months, Americans have been forced to confront high gas prices as a result of President Donald Trump’s war with Iran. The conflict has disrupted global oil production because Iran has effectively closed the Strait of Hormuz, through which roughly 34 percent of the world’s oil passes.But executives from unidentified oil companies have warned senior administration officials in recent weeks that they’re concerned prices could rise further as a result of diminishing oil supplies, four executives told Politico.Read more from Ariana Baio here: Rebecca Whittaker6 June 2026 06:00Iran is using Lebanon as a 'bargaining chip', Lebanon's president saysLebanon's president has accused Iran of using his country as a “bargaining chip” with their negotiation with the US.Speaking at the presidential palace in Beirut Joseph Aoun told CNN in an interview that Lebanese people are "fed up" with the war between Israel and the Iranian-backed militia Hezbollah.It comes as Israel and Lebanon agreed to pause fighting, but Hezbollah objected to the agreement.Aoun told CNN that Iran is “not trying to help us … the people of Lebanon are paying the price … for the sake of your own interest,” adding, “our interests … do not coincide with your interests.”He added the Islamic Revolutionary Guard Corps (IRGC) “are using Lebanon as a bargaining chip in their negotiation.”Rebecca Whittaker6 June 2026 05:00US downs Iranian ballistic missiles targeting Kuwait and BahrainThe US military says it has downed six Iranian ballistic missiles launched towards its Gulf Arab allies.US Central Command said on social media late on Friday night that Iran fired seven ballistic missiles toward Kuwait and Bahrain, with US forces intercepting six of the missiles and a seventh failing to reach its target. The military said there were no reports of harm to American personnel.Kuwaiti’s military said forces were intercepting missiles and drones attacking the country, while Bahrain activated air raid sirens and told residents to move to the nearest safe location and follow official instructions.Iran’s Revolutionary Guard said it targeted the Ali Al Salem airbase, which hosts US forces in Kuwait, and the US Navy’s 5th Fleet in the tiny Gulf island nation of Bahrain, according to the state-run IRNA news agency.Adam Withnall6 June 2026 04:16Trump boasts about US naval blockadeUS President Donald Trump has boasted about the United States’ naval blockade against Iranian ports. “The blockade is unbelievable. There's never been a blockade like that”, Trump said at an event in Wisconsin Friday. “We have the greatest military anywhere in the world”.US Central Command said Friday that American forces have redirected 129 commercial vessels and disabled six more to “ensure compliance” with its blockade. Rachel Dobkin6 June 2026 04:01Trump says US 'largely finished' Iran warUS President Donald Trump has claimed the United States has “largely finished” its war against Iran.Speaking at an event in Wisconsin Friday, Trump said, “We had to extinguish a nuclear weapon...this was going to be a very capable country that was going to have a massive nuclear presence, and we weren't going to let that happen. “Nobody wanted that to happen, and we've largely finished that”.Trump suggested that the war will end with a peace deal or “a more difficult way”.Rachel Dobkin6 June 2026 03:00US shoots down four Iranian drones bound for Strait of HormuzThe US military reported shooting down four Iranian drones launched toward the Strait of Hormuz on Friday, then striking some of the Islamic Republic’s coastal surveillance radar sites.US Central Command stated on social media that "The attack drones posed an immediate threat to regional maritime traffic”.The military is enforcing a blockade on Iranian ports in response to Tehran's restrictions on the vital shipping route for global oil and natural gas exports, a move that has driven up energy prices.It marks the latest in back-and-forth attacks straining a tenuous ceasefire and efforts to extend that truce.Read more...Michelle L. Price6 June 2026 02:08Calls for $24 billion in frozen Iranian assets to be releasedA top Iranian official has said a potential peace deal between the US and Iran is weighted on the Trump administration agreeing to release $24 billion in frozen Iranian assets.In an interview with CNN Mohsen Rezaei, military adviser to Supreme Leader Ayatollah Mojtaba Khamenei warned the US would “enter into a dark corridor” should it resume fighting.“The negotiations are at a deadlock and Trump must break this deadlock,” he said.“The ball is in Trump’s court.”It comes as Iran reportedly demanded the release of $12 billion in frozen funds after an agreement is signed with the US. This money would be followed by another $12 billion, according to CNN.But the US has concerns that unfreezing the funds could remove a key leverage point over the regime.Rebecca Whittaker6 June 2026 01:00Pictured: Israel strikes southern Lebanon Black smoke billows at a strike scene following an Israeli strike on a car as seen from Nabatieh, Lebanon (Reuters)An Israeli man stands against the backdrop of southern Lebanon, along the Israel-Lebanon border (AFP/Getty)Smoke rises following Israeli bombardment in southern Lebanon as seen from a position across the border in the Upper Galilee, in northern Israel (AFP/Getty)Rebecca Whittaker6 June 2026 00:00