Iran war’s $37bn price tag: Why does the Pentagon want $67bn more?
Summary
The U.S. Defense Secretary Pete Hegseth told Congress that the war on Iran has cost about $37.5 billion so far. He asked for an additional $67 billion to continue the war, which has lasted several months and resulted in U.S. casualties and rising costs.Key Facts
- The U.S. war on Iran started on February 28, 2026, and has cost around $37.5 billion so far.
- This figure is higher than earlier estimates of $25 billion given in April 2026.
- Defense Secretary Hegseth requested $67 billion more to continue the conflict and replenish weapons and equipment.
- The U.S. has lost at least 18 service members and about 500 injured in the war.
- The conflict has led to higher petrol prices and living costs globally, including in the U.S.
- The June 2026 agreement between Tehran and Washington broke down, leading to continued U.S. attacks on Iran.
- The White House requested $87.6 billion more for the 2026 budget, with $67.1 billion for the Department of Defense.
- Senators from both parties questioned the high costs and lack of clear results in the war effort.
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