U.S. War Cost with Iran Hits $37.5B
U.S. Secretary of Defense, Lloyd Austin, reported that the total cost of U.S. military operations against Iran has reached $37.5 billion so far, with expenses expected to continue until the end of September. The statements come amid escalating fighting between the two countries, with American forces conducting airstrikes on Iranian sites and targeting naval command centers. Iran, meanwhile, announced attacks on U.S. air defense systems in Bahrain and Kuwait. Tensions are rising after the situation worsened since the resumption of military operations earlier this month, amid fears of expanded warfare and an intensifying oil supply crisis; Iran has closed the Strait of Hormuz and the Houthis have threatened to impose a blockade on Saudi shipping routes, posing a threat to energy market stability.
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