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The Iran War Has Cost the US $37.5 Billion — and the Pentagon Wants More
BBC News·Thursday, 23 July 2026
US Defense Secretary Hegseth testified before Congress that the ongoing war with Iran has cost the United States $37.5 billion so far, while the Pentagon is seeking billions more in funding. The hearing was disrupted by protests and a shouting match. Hegseth testified at what the article describes as a pivotal moment in the war.
Why It Matters
The scale of US military spending on this conflict affects global markets, oil prices, and the broader geopolitical environment that shapes trade and security for countries everywhere.
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