87GEOPOLITICS
⚡ Markets: The proliferation of advanced missile technology to Iran would alter the military balance in the Persian Gulf, increasing risks for naval operations and commercial shipping. This is bullish for US and allied defense contractors specializing in naval defense systems.LMTRTXBrent
The Financial Times, citing intelligence sources, reported that Russia has been secretly assisting Iran in developing advanced supersonic cruise missiles since 2023. Such weapons would pose a significant new threat to US naval assets in the Middle East.
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4 sources across the spectrum