A U.S. Defense Department official raised the estimated cost of the Iran war to nearly $29 billion, citing added Middle East deployment expenses and updated equipment repair and replacement needs.
A U.S. Defense Department official estimated that the war with Iran has cost nearly $29 billion, up from the $25 billion figure cited on April 29. The revised estimate reflects additional costs tied to Middle East deployments as well as updated assessments for equipment repair and replacement. The source provides no further breakdown of the spending or the time period covered beyond the comparison with the earlier figure.