Antony Blinken warns US can't sustain shooting down '$20,000 Iranian drones' with costly interceptors as markets, [View all]

munition pressure builds

Biden-era Secretary of State Antony Blinken expressed concerns over the consequences of a prolonged U.S.-Iran war and said that two factors that would determine its direction are markets and munitions.

The former State Secretary noted that President Donald Trump pays a lot of attention to stock markets, bonds, and oil prices. Hence, if the markets tank and the crude oil prices keep rising, it could become a “limiting factor,” he said on the Big Take Podcast on Bloomberg on Wednesday.

At the same time, Blinken flagged that munitions are not “infinite” and production takes time. He also noted that Iran is striking the other Middle Eastern countries so hard that the U.S. “can’t sustain the effort.”

“Using very expensive interceptors to shoot down $20,000 Iranian drones is not a good equation if it continues over time,” warned the former State Secretary. He also added that if the U.S. depletes all its ammunition, which takes years to rebuild, it would leave the nation at a “disadvantage” against Russia and China.



https://www.msn.com/en-us/money/markets/antony-blinken-warns-us-can-t-sustain-shooting-down-20-000-iranian-drones-with-costly-interceptors-as-markets-munition-pressure-builds/ar-AA1XAMf4