Bloomberg: US Iran blockade costs 7.1B
Since January 2026, U.S. naval operations related to the war with Iran have cost approximately $7.1 billion so far, including about $2 billion resulting from the maritime blockade that began on July 14, 2026. The blockade has involved intercepting over 100 vessels linked to Iran and relies on around 22 U.S. warships, which account for more than 30% of the total fleet, with about 28 ships rotated to maintain continuous deployment. The daily cost of the maritime blockade is estimated at approximately $32.5 million, totaling nearly $1 billion per month. Overall, the total war expenditure up to August 2026 is around $38 billion, with projections indicating it will increase by $2-3 billion monthly as operations continue. The intensive military deployment in the Strait of Hormuz has led to rising costs and impacts on trade routes and energy markets.
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