Iran FM travels to Beijing over rising war costs

The visit of Iranian Foreign Minister, Abbas Araqchi, to Beijing aims to hold talks with his Chinese counterpart regarding ways to de-escalate tensions and halt hostilities in the region. The discussions will focus on reopening the Strait of Hormuz and maintaining Tehran's sovereignty. This visit comes ahead of an upcoming summit between Presidents Trump and Xi Jinping in the United States at the end of September. On the economic front, there are models illustrating the costs of the war on Iran, which reached $33.4 billion by June. Additionally, there have been $184 million worth of physical damages to U.S. communications in the region, along with the destruction of hundreds of American buildings in the Middle East. Military equipment has also suffered losses, including damage to F-35 and F-15 fighter jets, with warnings about the depletion of U.S. ammunition supplies.

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