US Army stocks of key surface-to-surface precision missiles, including the ATACMS systems deployed by Ukraine, have been reduced to critically low levels following the Trump administration's military campaign against Iran.

Reuters sources indicate that virtually all available inventory has been expended in the ongoing conflict, creating a severe logistical bottleneck for further long-range strikes.

Global equity markets have suffered a rout, with major indices shedding more than 30% in value following the overnight escalation between the United States and Iran.

The depletion of standoff weapons forces a tactical shift toward riskier air operations.

With limited precision-guided munitions remaining, the US military may need to rely more heavily on manned bomber missions to engage targets that would otherwise be struck from a safe distance, increasing exposure to enemy air defenses.

This development emerges against a backdrop of catastrophic market volatility.

Global equity markets have suffered a rout, with major indices shedding more than 30% in value following the overnight escalation between the United States and Iran.