Iran war’s cost grows to $43.6 billion in new US military estimate
The partial accounting excludes base repairs and other indirect costs as lawmakers press for a fuller breakdown.
- On Friday, the Pentagon informed Congress that the U.S. war with Iran has cost $43.6 billion since it began in February, representing the highest official estimate for the ongoing conflict.
- According to United States Central Command, expenditures include $28.1 billion for spent munitions, $11.2 billion for operations, and $4.3 billion for lost weapons, with another $1.5 billion covering fuel.
- Military officials noted that this estimate omits potential billions in damages to U.S. facilities across eight Middle East countries, alongside long-term costs like veterans' healthcare and disability compensation.
- Diminished stockpiles of defensive missile interceptors have caused alarm among U.S. and NATO officials as Army Patriot and THAAD systems face high demand throughout the conflict.
- The Congressional Budget Office projects the war will continue to cost $2 billion to $3 billion monthly, sparking economic inflation concerns as the November midterm elections draw near.
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273 Articles
Oil prices fell by about 2% on Friday's settlement, with growing hopes that an agreement could be reached between the United States and Iran, which alleviates concerns about energy supplies.
Oil prices fall amid expectations of a truce between the US and Iran <p>Brent fell to $105.73, WTI to $93.05 per barrel. Markets assess a possible truce and regional risks.</p>
The price of oil increased in the face of doubts about an agreement between the United States and Iran. Know how much Brent and WTI went up.
The price of crude oil rises after no diplomatic breakthrough between Tehran and Washington
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