HighGeneral
Iran war cost hits $38 billion, forecast to rise $3 billion a month, CBO says
๐ฎ๐ท IranSep 16, 2026 00:46SRC: AL MONITOR
Intelligence summary
By Jacob Bogage WASHINGTON, Sept 15 (Reuters) - The six-month-old U.S. war against Iran has cost $38 billion so far and that amount is projected to rise by $3 billion a month, Congress' nonpartisan bookkeeper reported on Tuesday, as the Trump administration searches for ways to end the conflict and reopen the vital Strait of Hormuz. The war is expected to increase inflation by 0.5% in the first three months of 2027, according to the Congressional Budget Office accounting, which totaled expenses
Detailed report
By Jacob Bogage
WASHINGTON, Sept 15 (Reuters) - The six-month-old U.S. war against Iran has cost $38 billion so far and that amount is projected to rise by $3 billion a month, Congress' nonpartisan bookkeeper reported on Tuesday, as the Trump administration searches for ways to end the conflict and reopen the vital Strait of Hormuz.
The war is expected to increase inflation by 0.5% in the first three months of 2027, according to the Congressional Budget Office accounting, which totaled expenses through August 1.
AI threat score51/100