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US Congress: Iran War Has Already Cost the US $38 Billion

According to calculations by the US Office of Management and Budget, each additional month of war could cost up to three billion dollars. At the same time, the conflict is driving inflation and straining missile stocks.

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US Congress: Iran War Has Already Cost the US $38 Billion

The US Congressional Budget Office (CBO) reports that the Iran war has cost the Pentagon $38.1 billion in the first five months. This sum includes costs for replacing ammunition and destroyed equipment, as well as increased spending on flight operations and fuel. The CBO's estimate aligns with Defense Secretary Pete Hegseth's previous statement that the war would cost $37.5 billion by July.

The agency expects the conflict to drive inflation in the US, with the annual inflation rate projected to be 0.5 percent higher than previously assumed by early 2027. The war has also depleted US ammunition stocks, which could take five years or more to replenish.

Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.

Read the original at handelsblatt.com →

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