US intelligence shows about 1/3 of Iran's missiles destroyed in US strikes with certainty, according to reports; another third of Iran's missiles likely damaged, destroyed or buried underground by strikes since Feb. 28 start of war

Context

The reports indicating that significant portions of Iran's missile capabilities have been neutralized by US strikes suggest a potential escalation in geopolitical tensions. This could lead to increased volatility in oil prices and impact safe-haven assets like gold and the USD, as markets digest the implications for regional stability and energy supply.

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