Iran says it has the technology to produce missiles with far longer ranges

Iran's Islamic Revolution Guard Corps has announced that the country now has the technology to produce missiles with far longer ranges. This development is significant because it could potentially increase Iran's military capabilities and influence in the region. The implications for global markets and trade are uncertain, but increased tensions in the Middle East could lead to higher oil prices and instability in the region.

Why it matters

Iran's announcement of longer-range missile technology raises regional tensions. This could lead to increased instability and conflict in the Middle East.

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