Western intelligence officials report a significant decline in Iranian ballistic missile launches, suggesting Tehran's arsenal could be depleted within days at current rates. However, Iranian military sources maintain that the country has only utilized its older stockpiles while strategically conserving advanced projectiles for future phases. US Secretary of Defense Pete Hegseth indicated that the ongoing military campaign, dubbed Operation Epic Fury, could extend for up to 8 weeks. This conflicting narrative has introduced heightened uncertainty across global markets, particularly affecting energy and safe-haven assets. Investors are closely monitoring the situation as the potential for a prolonged air war remains a primary concern for regional stability. Consequently, Brent Crude and WTI prices are experiencing sharp fluctuations, while Gold (XAU/USD) remains sensitive to escalation risks.
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