AI Summary

Iran’s parliamentary speaker mocked U.S. interest‑rate policy by invoking the Taylor equation while Iran’s forces effectively closed the Strait of Hormuz. The Pentagon confirmed that Iranian missiles and drones have shot down dozens of U.S. aircraft and damaged or destroyed hundreds of U.S. buildings at its Middle‑East bases. Those attacks have also depleted U.S. military inventories, costing billions of dollars in equipment, according to the Pentagon’s statements earlier this week.

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