Iran war cost hits $38 billion, forecast to rise $3 billion a month, CBO says
The estimate includes munitions replacements, equipment losses and higher fuel costs, and CBO says inflation could rise 0.5 percentage points in early 2027.
- On Tuesday, the Congressional Budget Office reported the six-month U.S. war against Iran has cost about $38 billion, with expenses projected to rise by around $3 billion a month if the conflict continues.
- Launched on February 28, the conflict has placed a significant financial burden on the Pentagon, driven primarily by the rapid drawdown of munitions and equipment losses sustained during operations.
- Pentagon estimates placed costs at $33.4 billion as of June 29, including $7.4 billion in operating expenses and $22.3 billion to replace munitions; the Defense Department watchdog warned of "strategic inventory shortfalls."
- Rising energy prices from Strait of Hormuz and Red Sea disruptions are expected to increase inflation by 0.5% in early 2027, according to the CBO, straining an already stretched federal budget.
- Rebuilding missile-defense interceptors could take at least five years, the CBO warned, leaving the U.S. with reduced inventories that could prove "especially problematic" in conflicts with adversaries like China.
29 Articles
29 Articles
US-Iran war costs hit $38 billion in five months, another $2-3 billion expected each month: CBO
The CBO says the conflict could add $2 billion to $3 billion to the US military bill each month, while higher energy prices are expected to put fresh pressure on inflation
US CBO estimates Iran war cost at $38 bn, sees $3 bn monthly if conflict intensifies - The Tribune
The ongoing US conflict with Iran in West Asia has cost the US Department of Defense (DoD) approximately USD 38 billion as of August 1, 2026, according to a recent report on the war by the Congressional Budget Office (CBO), which said the monthly cost could rise to USD 3 billion if the intensity of fighting increases to levels seen in July.
US CBO estimates Iran war cost at $38 bn, sees $3 bn monthly if conflict intensifies
The ongoing US conflict with Iran in West Asia has cost the US Department of Defense (DoD) approximately USD 38 billion as of August 1, 2026, according to a recent report on the war by the Congressional Budget Office (CBO), which said the monthly cost could rise to USD 3 billion if the intensity of fighting increases to levels seen in July.
"Estimating the cost of operations against Iran": The conflict in the Middle East costs the US $ 3 billion per month
"Estimating the cost of operations against Iran": The conflict in the Middle East costs the United States $ 3 billion per month. "The US military actions against Iran as of August 1, 2026, cost the Pentagon about $ 38 billion. The amount...
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