US war in Iran costs surge to $29 billion, says Pentagon
🔴 Tension RisingMoneycontrol.com2026-05-12
The estimated cost of the U.S.-Iran conflict has surged to $29 billion, a $4 billion increase from previous estimates. This rise is occurring amid growing political pressure ahead of the U.S. midterm elections, with concerns about the economic impact on American households. The increase is attributed to updated operational spending and repair costs for damaged military equipment.