GeopoliticsHighConfirmedAccelerating
9.2
CBO: US war with Iran costs $38B; Hormuz blockade fuels inflation
ClarínLO·US · IR·about 3 hours ago
The US Congressional Budget Office reports the conflict with Iran has cost the Department of Defense over $38 billion, with monthly spending reaching $3 billion. The war remains unresolved, impacting inflation and oil transportation, and fueling domestic political debate. The figure is an official estimate, but the full economic and strategic costs are likely higher and uncertain.
Pentagon watchdog reports confirm significant damage to US assets from Iranian attacks, including dozens of aircraft and hundreds of buildings. The conflict has cost over $38 billion and exposed strategic ammunition shortfalls, impacting US military readiness. The full operational implications and replenishment timelines remain unclear.