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U.S. Intercepts Iran Missiles Targeting Bahrain, Kuwait

By CBC World · 2026-06-02
U.S. Intercepts Iran Missiles Targeting Bahrain, Kuwait

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Why it matters: Oil prices rose more than 1% as the Strait of Hormuz remains largely closed, with last week's tentative deal to end the war still unsigned. Rubio's 'the war is over' declaration in Congress directly contradicts the IRGC's active missile launches the same day — a gap between political messaging and military reality that keeps global energy markets, shipping lanes, and humanitarian aid corridors in limbo.

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