Senior US Admiral says Iran’s missiles, navy, drones industrial base degraded by 90%; Iran will not return to pre-war navy for a generation

Senior US Admiral says Iran’s missiles, navy, drones industrial base degraded by 90%; Iran will not return to pre-war navy for a generation.

The senior US Admiral's comments indicate a significant degradation of Iran's military capabilities, suggesting a reduced threat from Iran's naval and aerial forces for the foreseeable future. This could imply a lower risk of regional conflict, which may provide some stability to energy markets, particularly oil, impacting prices positively. However, one should watch for any immediate counter-responses from Iran that could shift this outlook quickly.