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US War in Iran Costs $37.5 Billion So Far, Pentagon Chief Says

economy-finance · 2026-07-22

On Tuesday, Defense Secretary Pete Hegseth informed lawmakers that the financial toll of the U.S. war in Iran has escalated to $37.5 billion. This was his first time addressing doubts since military operations resumed in Iran. The total encompasses various elements of the conflict and projected expenses through September 30. During a Washington hearing, Hegseth's comments came as Democrats aim to connect the contentious war to economic issues ahead of the midterm elections in November. President Donald Trump had requested nearly $90 billion in additional funding from Congress last month, primarily for the Iran conflict. A Reuters source revealed that the initial six days of operations alone cost at least $11.3 billion. Both parties have expressed frustration over a lack of communication from Trump’s administration since bombings commenced on February 28.

Key facts

  • US war in Iran cost $37.5 billion so far
  • Pentagon chief Pete Hegseth announced the figure on Tuesday
  • Hegseth faced lawmakers for first time since operations restarted
  • Cost includes certain aspects and anticipated costs through September 30
  • Trump requested nearly $90 billion in additional funding from Congress
  • First six days of war cost at least $11.3 billion
  • Bombing began on February 28
  • Midterm elections are in November

Entities

Institutions

  • Pentagon
  • US Congress
  • House of Representatives
  • Senate
  • Reuters

Locations

  • United States
  • Iran
  • Washington

Sources