Iranian children stand on a launcher of an Iran-made ballistic missile during a rally commemorating the 47th anniversary of the Islamic Revolution's victory in Azadi (Freedom) Square in western Tehran, Iran, on February 11, 2026. | Morteza Nikoubazl/NurPhoto via Getty Images Key takeaways The duration of the US-Israel may come down to ammunition stockpiles, as both sides face mounting strain in an expensive missile-and-interceptor arms race. While US and Israeli strikes have severely degraded Iran’s missile infrastructure and launch capacity, Iran is adapting by spreading out t...

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