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The article explains that Iran, on its Defense Industries Day, showcases its missile and drone capabilities despite a significant decline in navigation through the Strait of Hormuz to its lowest levels since the outbreak of the war. This decline is a result of American pressures and attacks targeting its military facilities. Although Washington claims to have destroyed the vast majority of Iran's arsenal, Iran insists it still retains most of its offensive capabilities and can threaten maritime traffic by launching missiles and drones, with the ability to target ships and disrupt transit in this vital waterway. Additionally, the reduction in Iraqi and Iranian oil exports and decreased vessel transits lead to higher shipping costs and substantial economic impact. Meanwhile, Iran continues to bolster its missile stockpile and reinforce its facilities and platforms, exerting military and economic pressure on navigation through the Strait of Hormuz.
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