Iran has depleted its stockpile of medium-range missiles, reports New York Times.

Iran has depleted its stockpile of medium-range missiles, reports New York Times.

The ongoing conflict between Iran and Israel has led to a significant depletion in Iran's stockpile of medium-range missiles. According to recent reports, Iran has fired approximately 700 of its medium-range ballistic missiles (MRBMs) over the past 14 months, leaving it with an estimated 300 to 1,300 missiles remaining [1]. The Israeli Defense Forces (IDF) have targeted a substantial portion of Iran's missile launchers, further reducing its ability to strike back at Israel [1].

The Israeli air campaign, which began on Friday, has been particularly effective in disabling Iran's missile production capabilities. Admiral Tony Radakin, the UK's Chief of the Defence Staff, noted that Israeli strikes have significantly impacted Iran's air defense systems and missile production facilities [1]. This has led to a potential one-year delay in Iran's ability to produce new ballistic missiles.

Analysts suggest that Iran's remaining missile arsenal may be further reduced, with estimates ranging from 800 to 700 missiles [1]. This depletion could force Iran to negotiate its way out of the conflict or intensify its own attacks. However, the exact number of remaining missiles is uncertain, as reliable estimates are scarce.

The conflict has also drawn international attention. President Donald Trump has indicated that he is considering whether to involve American forces in the Israeli attacks on Iran's nuclear sites [2]. Meanwhile, Israel has been conducting strikes on Iranian nuclear facilities, including Fordow, Natanz, and Isfahan [3]. These strikes have been met with condemnation from various groups, including Yemen's Houthis, who have warned of potential retaliation against American ships in the Red Sea [3].

The financial implications of this conflict remain uncertain. However, the depletion of Iran's missile stockpile could potentially lead to a reduction in regional tensions and a decrease in the risk of further escalation. This could have positive effects on global energy markets and regional stability.

References:
[1] https://www.yahoo.com/news/one-number-could-define-iran-193527810.html
[2] https://www.nytimes.com/2025/06/19/briefing/strikes-iran-india-canada.html
[3] https://indianexpress.com/article/world/iran-israel-war-live-updates-nuclear-sites-bombs-us-donald-trump-10080761/