US EditionEarly Iran strikes cost $5.6 billion in munitions, Pentagon estimates
The Pentagon revealed $5.6 billion was spent on munitions in just 48 hours of strikes on Iran, highlighting the high cost of the initial military campaign, officials said.
- On Tuesday, the Pentagon told U.S. Congress it used about $5.6 billion in munitions during the first 48 hours, The Washington Post reported.
- Amid broader US-Israel-Iran friction, the campaign began on February 28, with strikes targeting Tehran since early hours, the Pentagon said.
- US forces struck thousands of targets using diverse munitions, hitting more than 5,000 targets with over 2,000 munitions and spending nearly $4 billion on interceptors including Patriot and THAAD from South Korea.
- The White House plans to send a supplemental defence budget request this week potentially totaling $50 billion, and members of Congress say the estimate raises fresh readiness concerns.
- Stockpiles already stressed by commitments to Ukraine and Asia are straining, with analysts estimating $3.7 billion for replenishment and $350 million for repairs, amid rising daily costs.
178 Articles
178 Articles
Saudi Aramco CEO Warns "Iran war will have 'catastrophic consequences' for global oil market"
Saudi Aramco CEO Amin Nasser did not mince words on Tuesday. Speaking to reporters on an earnings call, he said: “The Iran war will have catastrophic consequences for the world’s oil market.” With Brent crude rocketing to a more than three-year high of nearly $120 a barrel on Monday before pulling back, and the International ... Saudi Aramco CEO Warns “Iran war will have ‘catastrophic consequences’ for global oil market”
The figures given by the Pentagon and by the experts are not the same, but they are dizzying and pose the crucial question of the sustainability of this war for the American army.
This week, as the war between the US and Israel against Iran continued to spread across the Middle East, operators and analysts were concerned about “Brent” as if he were an old stray friend: “Brent” reached the highest price ever...
KATV
Cost of Iran conflict hits $11.3 billion for US in first week: AP Source
The Pentagon told Congress the first week of Operation Epic Fury cost the U.S. $11.3 billion.
Inside Climate News
ecotopical.comThe Iran War Is Making the Case for Renewable Energy, Experts Argue
As Brent crude approaches $100 a barrel, clean energy advocates say the Hormuz crisis is the latest proof that fossil fuel dependence leaves consumers at the mercy of distant wars.By Aman AzharThe war between the United States, Israel and Iran has triggered the largest disruption to global oil supplies in the history of the modern oil market, with Brent crude prices currently hovering around $100 a barrel, sending economic shockwaves across Pers…
Uno emergency aid coordinator Tom Fletcher feels "shame" in view of the billions of dollars spent in the Iran war. According to Fletcher, this money could save millions of lives.
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