{
  "id": 7621801,
  "title": "Iran war likely to drive up inflation next year, CBO says",
  "url": "https://urgent.news/2026/09/15/iran-war-likely-to-drive-up-inflation-next-year-cbo-says",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-15T20:08:06.000Z",
  "source": {
    "name": "The Hill",
    "slug": "the-hill",
    "url": "https://thehill.com/policy/defense/6091340-cbo-iran-war-inflation-costs/"
  },
  "original_language": "en",
  "account": null,
  "summary": "A US war against Iran is likely to drive up inflation early next year. The Congressional Budget Office (CBO) estimates that the conflict could cost at least $2 billion a month. According to The Hill, this is the main economic impact of the conflict as per the CBO's report.\n\nThe CBO also assessed that the war with Iran has cost the US at least $38 billion through the end of July, as reported by ABC News (US). The agency warns that depleted weapon stocks could take a half decade or longer to rebuild, which could cripple the Pentagon's ability to respond to another major conflict.\n\nThe CBO's report relied heavily on public information, as the Pentagon did not cooperate with the analysis or provide information requested by the Congressional Budget Office, ABC News (US) noted. The report's findings highlight the financial and military consequences that will persist beyond the fighting, including pressure on household budgets due to skyrocketing energy prices.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "ABC News (US)",
        "title": "Iran war costs $38 billion as CBO warns of higher inflation, depleted weapons",
        "url": "https://urgent.news/2026/09/15/iran-war-costs-38-billion-as-cbo-warns-of-higher-inflation-depleted",
        "published": "2026-09-15T19:21:13.000Z"
      },
      {
        "outlet": "Seeking Alpha News",
        "title": "Iran war costs reach $38B as inflation, supply risks mount",
        "url": "https://urgent.news/2026/09/15/iran-war-costs-reach-38b-as-inflation-supply-risks-mount",
        "published": "2026-09-15T19:31:33.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}