📌 THE TAKEAWAY
The Bottom Line
Iran’s June 2026 attacks on Bahrain and Kuwait represent a dangerous escalation in the US-Iran proxy conflict, testing the limits of a fragile ceasefire and risking broader regional instability. While neither side appears eager for full-scale war, miscalculation or further provocation could unravel the 2025 diplomatic framework. The GCC’s divided response underscores the complexity of Gulf security, with economic and energy interests complicating military alliances.