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

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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

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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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