US Defence Secretary estimates war with Iran cost US $37.5 billion
Jul 22, 2026
Washington [US]July 22: The war with Iran has cost the US some $37.5 billion so far - an increase of nearly $8 bn since the last estimate in May, Defence Secretary Pete Hegseth said.
Hegseth gave the estimate during a Senate Appropriations Committee hearing.
Hegseth told lawmakers at a hearing in Washington that the $37.5 billion included certain aspects of the war as well as anticipated costs through September 30.
He said he was seeking $87bn in congressional funding for his department, with $67bn of that destined for operations in the Middle East.
Source: Emirates News Agency
