WSJ: Iran orders material from China for hundreds of ballistic missiles ...Middle East

The shipments, which include tons of ammonium perchlorate—a key propellant for missiles—are expected to arrive in Iran in the coming months. Sources say the materials could support the production of hundreds of ballistic missiles, with some potentially diverted to allied groups in the region such as Yemen’s Houthis.

Wall Street Journal (gated) with the report.

This article was written by Eamonn Sheridan at www.forexlive.com.

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