WorldIran war is driving inflation and straining US munitions, congressional report says
A Congressional Budget Office report says the six-month US war on Iran has cost $38bn and could add $3bn monthly. It projects a 0.5-percentage-point inflation increase in early 2027 and says replenishing depleted US munitions stockpiles could take up to five years.
AAl JazeeraOriginal★★★★★2026-09-16 00:38
MAJORIran war cost US $38bn and significantly depleted missile stockpile, report findsThe Congressional Budget Office says the Iran war has cost the US at least $38bn and heavily depleted its Patriot, Thaad and Navy interceptor stockpiles, which could take at least five years to rebuild. The report estimates costs would rise by $3bn each additional month and inflation would remain higher.
- MAJORVance: US-Iran war to enter ‘different phase’ in coming months
US Vice President J.D. Vance said the conflict with Iran would enter a completely different phase within two months. He said Washington had completed the first stage, which he described as destroying Iran’s nuclear program and conventional military. Donald Trump has said the conflict could end after the November midterms, while allowing for an earlier settlement.
- MAJORWar with Iran has cost US taxpayers $38 billion, Congressional Budget Office says
The Congressional Budget Office says the conflict with Iran has already cost US citizens $38 billion in its first five months, with monthly costs of $2-3 billion. It also confirmed that the war has depleted US weapons stocks, including critical interceptors used by air-defense systems.
Iran war costs $38 billion as CBO warns of higher inflationA nonpartisan Congressional Budget Office assessment says the US war with Iran had cost at least $38 billion by the end of July and is expected to drive inflation higher still.
Iran war driving up inflation for Americans, CBO report saysThe Congressional Budget Office estimates that the war with Iran has caused more than one-third of this year’s increase in inflation and will push prices higher again in the first quarter of next year, according to a report released Tuesday.
Iran war has cost Pentagon $38 billion and depleted missile stockpiles, CBO saysThe Congressional Budget Office says the war in Iran has cost the Pentagon $38 billion and depleted its missile stockpiles.
- Iran war cost reaches $38 billion, set to rise $3 billion monthly, CBO says
The six-month U.S. war against Iran has cost $38 billion so far, with spending projected to increase by $3 billion each month, according to the Congressional Budget Office. The Trump administration is seeking to end the conflict and reopen the vital Strait of Hormuz.
