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Trump’s Iran War Bill Hits $45.1 Billion and Counting

The estimate includes $1.5 billion in extra fuel and exceeds the Congressional Budget Office’s earlier $38 billion assessment.

  • On Friday, the Pentagon reported to Congress that the ongoing US conflict with Iran has cost the Trump Administration an estimated $45.1 billion, according to CNN citing two sources familiar with the matter.
  • This latest figure includes $43.6 billion in war-related costs through September 3 and $1.5 billion for extra fuel, surpassing the Congressional Budget Office's $38 billion projection from August.
  • The Pentagon acknowledges this does not represent a complete accounting of conflict costs, as several categories of potential expenditure remain outside the current estimate, including repairs for damaged US military bases.
  • Disruptions to oil and natural-gas shipments through the Strait of Hormuz have contributed to higher global energy prices, adding 2.3 percentage points to the annualized PCE inflation rate in the second quarter of 2026.
  • Future costs remain subject to "considerable uncertainty," the Congressional Budget Office cautioned, as monthly expenses could reach $3 billion if fighting intensifies, depending on the conflict's intensity.
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The cost of the war with Iran has reached $45.1 billion, according to the latest Pentagon estimate provided to Congress. However, the figure does not include all direct and indirect damages, so the final cost of the conflict is likely to be higher. As of September 3, direct military spending was $43.6 billion, with another $1.5 billion needed for additional fuel costs. This figure does not include funds to repair damaged U.S. military bases and …

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Live Mint broke the news in New Delhi, India on Sunday, September 20, 2026.
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