Economy · World

US Iran War Costs Exceed $38 Billion, Munitions Shortfalls Cited

The war with Iran has cost the United States over $38 billion, with projected monthly spending to increase by up to $3 billion, according to a Congressional Budget Office (CBO) report. The conflict has also led to strategic inventory shortfalls of munitions and revealed bottlenecks in the industrial base for resupply, according to the U.S. military. Separately, Americans have spent an additional $100 billion on fuel during the Iran war. Military brass from the U.S., Israel, and seven Arab states reportedly held a private meeting concerning the war. Amazon has been unable to recover some data from facilities impacted by the conflict.

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