Iran War Cost Hits $38 Billion, Forecast to Rise $3 Billion a Month, CBO Says
WASHINGTON, Sept 15 (Reuters) - The six-month-old U.S. war against Iran has cost $38 billion so far and that amount is projected to rise by $3 billion a month, Congress' nonpartisan bookkeeper reported on Tuesday, as the Trump administration searches for ways to end the conflict and reopen the vital Strait of Hormuz.
The six-month-long U.S. war against Iran has cost $38 billion so far, according to a report from the Congressional Budget Office (CBO). This figure is expected to rise by $3 billion monthly, as the conflict persists and the U.S. struggles to find a resolution and reopen the Strait of Hormuz. The war has led to a projected 0.5% inflation increase in the first three months of 2027, according to the CBO accounting, which totaled expenses through August 1.
The rising costs have strained U.S. munitions stockpiles and boosted energy prices, prompting concerns about the country's ability to respond to other potential conflicts and adding pressure to an already strained federal budget.
Written by urgent.news from The Japan News by The Yomiuri Shimbun's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
- The US fired over $22 billion in munitions fighting Iran and created stockpile shortages in the process, watchdog finds businessinsider.com
- Iran war cost hits $38 billion, forecast to rise $3 billion a month, CBO says dailymaverick.co.za
- Iran War could cost $2 billion per month, Congressional Budget Office estimates cbsnews.com
- Iran war costs US military $38 billion as CBO warns of billions more in monthly expenses livemint.com
- Iran war cost hits $38 billion, forecast to rise $3 billion a month, CBO says koreatimes.co.kr
- Iran war cost US $38bn and significantly depleted missile stockpile, report finds theguardian.com
- Iran war cost hits $38 billion, forecast to rise $3 billion a month, CBO says al-monitor.com
- Iran war has cost on average $246 million per day in its first five months, CBO finds cnbc.com
