Pentagon Hikes Iran War Cost Estimate To $29B So Far — Bernie Sanders Had Said It Could Spiral To Over $1 Trillion

The Pentagon has revised its estimate of the total cost of the war with Iran to $29 billion, an increase of $4 billion. This reflects increased costs for repairing and replacing equipment, as well as operational expenses. Senator Bernie Sanders warned that the war could cost over $1 trillion. The market reacted negatively to the cost increase, with equities declining and oil prices rising.