WARSIGNAL DAILY SITREP

FRIDAY, APRIL 3, 2026 SITUATION OVERVIEW: Active hostilities continue across the Middle East theater. US and Iranian forces remain engaged in an intense air campaign. Iranian air defenses have achieved confirmed kills against US aircraft. Economic and diplomatic reverberations are spreading globally. The conflict shows no immediate signs of de-escalation. MOST SIGNIFICANT EVENTS: Iranian forces shot down a US F-35 fighter jet over central Iranian territory on Friday morning. The US military is now prioritizing the search for the missing pilots. This marks a significant escalation in Iran's air defense effectiveness. A separate report, corroborated by eight sources, shows Iranian forces also shot down a US F-15. Footage of wreckage from the F-15 was broadcast on Iranian television. The US is employing its most advanced strategic assets in the campaign. A report, corroborated by ten sources, confirms the use of B-2 stealth bombers alongside F-15 fighters. This demonstrates a sustained, high-intensity bombing effort against Iranian targets. A US assessment, though unverified, indicates Iran retains approximately half of its pre-war missile launchers and drone fleet. This suggests Iran's offensive capability, while degraded, remains substantial and capable of sustained retaliation. The conflict is causing major regional economic disruption. An Iranian attack completely evacuated the Al Taweelah aluminum smelter complex in the UAE. Restoration of full operations may require up to twelve months. This will impact global aluminum supply chains. Russia is accelerating its financial decoupling from the West. A Russian deputy prime minister stated the transition to national currency settlements with CIS states and China is nearly complete. This reduces reliance on the US-dominated financial system. European nations are forming independent security decision-making channels