The Associated Press and The Wall Street Journal recently confirmed via satellite imagery that Iran has caused significant damage to U.S. military bases in the Middle East. In the first two weeks of the conflict, Iran damaged 13 U.S. military facilities in the region, affecting 119 buildings. This situation, coupled with depleted U.S. ammunition reserves, means that the scale and duration of any further military attack could be limited, and the U.S.'s ability to defend against an Iranian retaliation has also diminished. Military confrontation has already incurred high costs, and further escalation may not yield commensurate strategic gains. This may indicate a strengthening of diplomatic efforts (i.e., negotiations). (JPMorgan Chase)
