• The US military's premium long-range missiles and interceptors are nearly exhausted.
• The shortage may constrain Trump's ability to authorize major combat operations against Iran.
• Former Defense Secretary Leon Panetta criticizes the Pentagon's 'poor planning'.
• The US has used up 'virtually all' of its surface-to-surface munitions.

The US military's depleted munition stockpiles may indicate a significant challenge to its ability to project power and deter adversaries, which could undermine Trump's leverage with Iran and potentially embolden other nations, suggesting a need for the US to reassess its military readiness and procurement strategies.