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Photo illustration: Aïda Amer/Axios. Photo: Taylor Hill/FilmMagic

5 big things

1.White House says it's not planning oil or gas export restrictions

  • Ben Geman,
  • Emily Peck
The U.S. weighs lifting Iranian oil sanctions to keep price in check
2.The U.S. weighs lifting Iranian oil sanctions to keep price in check
States challenge "broadcast behemoth" mega-merger
3.States challenge "broadcast behemoth" mega-merger
Six U.S. allies back potential Strait of Hormuz coalition
4.Six U.S. allies back potential Strait of Hormuz coalition
Mullin scores committee approval to head DHS
5.Mullin scores committee approval to head DHS
    • Dave Lawler
    5 hours ago
    -
    World
    Hegseth on seeking $200 billion for Iran war: "That number could move"
    Man at podium

    Hegseth during Thursday's press conference. Photo: Win McNamee/Getty Images

    Defense Secretary Pete Hegseth confirmed the Pentagon would ask Congress for more money to wage war in Iran, though he said the reported $200 billion figure "could move."

    Why it matters: A request on that scale would likely face stiff opposition from many Democrats and some Republicans, given the unpopularity of the war and the fact that it would be in addition to the Pentagon's existing $1 trillion budget.

    Go deeper (1 min. read)
    • Alex Isenstadt
    9 hours ago
    -
    Politics & Policy
    D.C.'s hottest ticket: Trump's UFC fight night
    A UFC octagon, lit in blue

    Photo: Josh Hedges/Zuffa LLC

    President Trump tells Axios it's the "hottest ticket that I've ever seen."

    • He's talking about UFC Freedom 250, the fight Trump is staging on the White House's South Lawn on June 14.

    Why it matters: Donors, lobbyists, members of Congress and well-connected fans are clamoring for tickets.

    Go deeper (2 min. read)
    • Dave Lawler
    9 hours ago
    -
    World
    Scoreboard on every street: Gas heads for $4 per gallon due to Iran war
    Illustration of a center hung scoreboard showing gas prices instead of game scores.

    Illustration: Aïda Amer/Axios. Stock: Getty Images

    Most Americans will likely soon be paying over $4 per gallon as the war in Iran drives one of the sharpest gas price surges in recent history.

    The big picture: For many Americans, the most visible barometer of how the Iran war is going may be the price at the gas station down the street.

    Go deeper (2 min. read)

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