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US Says Iran War Cost at $37.5 Billion
๐Ÿ‡ธ๐Ÿ‡ฆ Saudi Arabia /Conflict & Security

US Says Iran War Cost at $37.5 Billion

From Asharq Al-Awsat · () English

Summarized and contextualized by DistantNews.

At a glance

News Named sources Ongoing story
  • The US military conducted new strikes in Iran, triggering air defenses in Tehran.
  • President Trump stated the conflict is far from over, with the war's cost reaching $37.5 billion.
  • The conflict has escalated, impacting global oil supplies via the Strait of Hormuz, as diplomatic exchanges continue.

The United States launched fresh strikes against Iran, prompting air defense activity in Tehran on Wednesday. President Donald Trump declared he was "not finished" with the conflict, which has already incurred a cost of $37.5 billion for the U.S.

News sources reported minutes ago that air defense activity was heard in the west, east and northeast of Tehran.

โ€” Iranian state TVReporting on air defense activity following U.S. strikes.

The ongoing confrontation, initially focused on the strategic Strait of Hormuz, has expanded to affect other critical chokepoints for global oil supplies. U.S. military actions targeted "military logistics infrastructure," while Iranian state media reported strikes near sensitive sites, including the Bushehr nuclear power plant.

With legislative elections approaching in November, Trump faces political pressure to conclude the unpopular war. Pentagon Chief Pete Hegseth noted the war's escalating cost of $37.5 billion, justifying a request for substantial additional military funding. The U.S. military has conducted eleven consecutive nights of strikes, aiming to degrade Iran's capacity to threaten commercial shipping.

If we left right now, it would take Iran 20, 25 years to rebuild. We're not finished at all... we're not leaving right now.

โ€” Donald TrumpPresident Trump's statement on the ongoing conflict and its impact on Iran's recovery.

Trump indicated that a potential next target could be an underground nuclear site near Natanz, suspected of housing an undeclared enrichment facility. Iran has threatened retaliation, warning that such an attack would be viewed as an "expansion of war in the region" and could lead to strikes on "all the interests of America, the allies and supporters."

consider it as an expansion of war in the region

โ€” Khatam Al-Anbiya military commandIran's threat of reprisal if the U.S. attacks an underground nuclear site.

Despite the heightened tensions, Iranian foreign ministry spokesman Esmaeil Baqaei confirmed that diplomatic exchanges with Washington, facilitated by mediators, are ongoing. Pakistan's Prime Minister Shehbaz Sharif urged restraint from all parties to prevent further regional destabilization.

all the interests of America, the allies and supporters

โ€” Khatam Al-Anbiya military commandIran's warning about potential targets in response to further U.S. escalation.
DistantNews Editorial

Originally published by Asharq Al-Awsat. Summarized and contextualized by our editorial team with added local perspective. Read our editorial standards.