US Strikes Iranian Island, Says War Has Cost $37.5 Billion
Pentagon officials said the campaign has cost $37.5 billion as US strikes continue to target Iranian military sites and shipping threats.
- On Wednesday, the United States military struck Larak Island in the Strait of Hormuz, with President Donald Trump warning he was "not finished" with the five-month-old conflict.
- Pentagon chief Pete Hegseth defended additional military funding on Tuesday, citing the war's $37.5 billion cost as Trump faces intense political pressure to end the unpopular conflict.
- Brent Crude soared 4.4 percent to top $95 a barrel on Wednesday, while maritime intelligence provider Vanguard Tech reported tankers "reversed course" in the Red Sea after threats to Saudi ports.
- Iran's Khatam Al-Anbiya military command threatened to "consider it as an expansion of war in the region" if attacks continued, while Kuwait, Bahrain, and Jordan reported incoming strikes from Tehran.
- Top US diplomat Marco Rubio stated "we remain open to working it out in a negotiated way," while IAEA chief Rafael Grossi urged immediate inspections of Iran's stockpile near Natanz.
20 Articles
20 Articles
The United States resumed attacks on Iran, where on Wednesday an air raid alert was launched in Tehran, after US President Donald Trump warned that "it did not end the war, the cost of which is rising dramatically for Washington. US Secretary of Defense Pete Hegseth estimated Tuesday that Iran's war has cost US $37.5 billion so far," France announces24.
US Strikes Iranian Island, Says War Has Cost $37.5 Billion
The US military struck Iran’s Larak Island in the Strait of Hormuz on Wednesday, after President Donald Trump warned he was “not finished” with a war that has already cost Washington $37.5 billion.Fighting over the strategic strait led to the collapse of a preliminary deal between the United States and Iran, but top US diplomat Marco Rubio again reiterated Washington’s stance that it was willing to find a negotiated agreement with Tehran.“We rem…
US hits Iranian island, says war cost at $37.5 bn
Fighting over the strategic strait led to the collapse of a preliminary deal between the United States and Iran, but top US diplomat Marco Rubio again reiterated Washington's stance that it was willing to find a negotiated agreement with Tehran. "We remain open to working it out in a negotiated way. But right now, they don't seem to be serious about that," Rubio said at a Southeast Asia ministers' meeting in Manila. He insisted that the US was r…
Trump signals possible strike on Iran nuclear site; Pentagon reveals soaring war cost
The cost of the war in Iran just jumped again, and senators aren't hiding their frustration. A heated Capitol Hill hearing exposed a new price tag and raised even bigger questions about what's next. Plus, a Florida lawmaker already under ethics scrutiny now faces reports of a Justice Department investigation. Rep. Cory Mills calls it a "witch hunt," but the reported focus of investigators could complicate his re-election bid. And thousands of no…
Ali Akbar Velayati, a senior advisor to the Iranian leader, said that the US idea of a low-cost attack would harm the energy market and the global economy.
Álvaro Verzi Rangel The U.S. Secretary of War, Pete Hegseth, estimated that the war against Iran started on February 28 has so far cost $37.5 billion. This figure, like the ones presented earlier by the Pentagon, is considered to be overly optimistic for counting only immediate operational costs, such as the replenishment of rockets, missiles and bombs launched against the Islamic Republic. The New York Times editorial could not be clearer: “Pre…
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