Home Finance & Banking Cost Of Iran War Has Increased $4 Billion From Initial Estimate, Pentagon Says
Finance & Banking

Cost Of Iran War Has Increased $4 Billion From Initial Estimate, Pentagon Says

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Cost Of Iran War Has Increased  Billion From Initial Estimate, Pentagon Says
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Topline

The cost of the Iran war has ballooned $4 billion since the Pentagon’s last public estimate less than two weeks ago, officials said Tuesday—though the economic costs of the war are likely significantly higher.

Key Facts

The war has cost around $29 billion, Defense Department Comptroller Jay Hurst told Congress Tuesday, attributing the increase to “updated repair and replacement of equipment cost and also just general operational cost.”

Hurst previously told Congress at the end of April the war has cost $25 billion so far.

This is a developing story and will be updated.

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