Iran's War Endurance: Missile Arsenal Shrinks, But Underground Facilities & Hormuz Leverage Sustain Conflict

• US intelligence suggests only one-third of Iran's missile stockpile is destroyed, with another third potentially damaged or hidden.
• Iran's extensive underground military infrastructure, built over decades, allows it to shield critical weapons systems and prolong the conflict.
• The rate of missile launches has sharply dropped, indicating either depletion or deliberate rationing to extend the war's duration.
• Iran's ability to threaten global energy supply routes via the Strait of Hormuz provides significant strategic leverage and economic pressure.
• Reliance on low-cost drones helps offset losses and allows Iran to continue exerting pressure despite a declining high-end arsenal.