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Impact on oil prices due to Israeli airstrikes on Iran by end of 2024?
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Oil price indices such as Brent Crude or WTI as reported by financial news outlets
Story
Israeli Strikes Dismantle Iran's S-400 and 7-8 Operational S-300 Systems, Causing Significant Damage
Oct 26, 2024, 07:00 PM
Israeli media reports indicate that the Israeli military has successfully conducted a series of airstrikes targeting Iran's military capabilities. Key targets included Iran's advanced Russian-made air defense systems, specifically the S-400 and S-300 systems, which have reportedly been rendered ineffective. Reports suggest that all operational S-300 and S-300PMU2 surface-to-air missile batteries were struck, along with critical equipment necessary for the production of surface-to-surface missiles. This operation has significantly compromised Iran's ability to manufacture new long-range missiles and has left its airspace vulnerable to future attacks.
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