October 28, 2026 1:50 PM
US costs of Iran war rise to over $47 billion, according to Pentagon estimate
The US military has spent over $47 billion so far to prosecute the war in Iran, more than 25% higher than the Defense Department's estimate in July, according to Pentagon data obtained by Reuters. The disclosure about the rising cost of the Iran war comes as Republicans wrestle with the political fallout of the unpopular conflict ahead of the November 3 election that will determine control of Congress for the next two years. The war's impact on global energy costs has weighed on support for Re...