The US Department of Defense announced that the cost of the war in Iran has reached approximately $29 billion (43 trillion won) over three months, with China's purchase of 90% of Iranian oil cited as a key factor. The upcoming US-China summit is expected to be a turning point for resolving the Iranian issue, and concerns are being raised about China's growing influence. General Daniel Kinser described the attacks in the Strait of Hormuz as holding the world economy hostage.