Iran secretly acquired a Chinese spy satellite that gave the Islamic republic a powerful new capability to target US military bases across the Middle East during the recent war, according to an FT investigation

Context

The acquisition of a Chinese spy satellite by Iran highlights a significant escalation in military capabilities, particularly concerning US assets in the Middle East. This development could lead to heightened tensions in the region, affecting geopolitical stability and potentially resulting in increased volatility in energy markets, especially for commodities like WTI.

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