Iran war cost hits $38 billion, forecast to rise $3 billion a month, CBO says
The estimate includes munitions replacements, equipment losses and higher fuel costs, and CBO says inflation could rise 0.5 percentage points in early 2027.
- On Tuesday, the Congressional Budget Office reported the six-month U.S. war against Iran has cost about $38 billion, with expenses projected to rise by around $3 billion a month if the conflict continues.
- Launched on February 28, the conflict has placed a significant financial burden on the Pentagon, driven primarily by the rapid drawdown of munitions and equipment losses sustained during operations.
- Pentagon estimates placed costs at $33.4 billion as of June 29, including $7.4 billion in operating expenses and $22.3 billion to replace munitions; the Defense Department watchdog warned of "strategic inventory shortfalls."
- Rising energy prices from Strait of Hormuz and Red Sea disruptions are expected to increase inflation by 0.5% in early 2027, according to the CBO, straining an already stretched federal budget.
- Rebuilding missile-defense interceptors could take at least five years, the CBO warned, leaving the U.S. with reduced inventories that could prove "especially problematic" in conflicts with adversaries like China.
185 Articles
185 Articles
Estrich: Who is paying price for Iran war?
The latest figures from the Pentagon on the war against Iran amount to $38 billion, with future costs running at $3 billion a month. And contrary to some of the president’s earlier statements, it’s not about to be over.
The cost of the American-Iranian war was approximately $38 billion during the first five months, including $22 billion to compensate for spent ammunition and lost equipment, amid an increasing depletion of American military stockpiles.
Washington. The U.S. war against Iran has cost more than $38 billion by August 1st and could have an expenditure of between $2 billion and $3 billion per month, according to the U.S. Congressional Budget Office (CBO).
The war, which began on February 28, is now in its seventh month, with no sign of a quick end to the conflict.
So far, the US has cost 38 billion dollars in Iran, and three billion dollars are added each month. At the same time, the defense missiles are running out – it seems like an invitation to all enemies.
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