The US Department of War estimates that Operation Epic Fury, its campaign against Iran, cost $33.4 billion during the first four months after its February 28 launch. Munitions accounted for $22.3 billion, while cumulative obligations reached $7.4 billion and damaged or destroyed equipment added $3.7 billion. The spending has depleted strategic inventories and exposed resupply bottlenecks, prompting efforts to shorten procurement and production timelines and stockpile critical materials, components and selected munitions. Congress provided no appropriation specifically for the operation, leaving military components to use training and maintenance budgets. The acting comptroller told lawmakers in May that he was most confident in the munitions estimate. The White House requested $87.6 billion in supplemental funding on June 24, including $21 billion for munitions. Brown University’s Watson School estimates that higher fuel prices have cost households $106.5 billion, after initially citing roughly $106.4 billion. Gasoline rose 44.7% to $4.316 a gallon, while diesel increased 69.8% to $6.230 and accounted for $48.06 billion of the consumer cost. The average household paid $812.77 across both fuels. The tracker excludes infrastructure repairs and broader economic damage following the closure of the Strait of Hormuz. Goldman Sachs’ $120 oil target remains a live scenario, Trump has said prices will not fall until after the midterms, and the Energy Information Administration expects constrained Middle East oil flows through the end of 2026, with most production returning to pre-conflict levels only in the second quarter of 2027. The Pentagon’s figure ends June 29, while the consumer burden continues to accrue.