Overview
- Satellite images obtained Thursday show repairs at missile tunnel entrances near Kangavar, Kermanshah and Dezful, a bridge fixed within days of being struck, and partial rebuilding at a Caspian Sea shipyard.
- Israeli officials told reporters many strikes mainly collapsed tunnel entrances rather than destroying buried storage, allowing Iran to dig out weapons and restore access.
- Analysts say Iran may have stockpiled advanced components such as carbon-fiber parts in underground sites, which could allow short-term missile and drone assembly even if full industrial capacity takes months or years to recover.
- The White House calls the campaign a decisive success, but Israeli officials and outside analysts warn the rapid repairs leave an ongoing threat to shipping and regional bases and keep strategic risk elevated.
- Markets have moved to price a lower chance of an immediate airspace closure, yet traders and regional states are likely to keep premiums on oil and shipping until longer-term Iranian production and stockpiles are clearly reduced.