Iran latest: Pentagon new estimates put Iran war cost at $29 billion

The estimated cost of the U.S. war against Iran has reached $29 billion, amid concerns about the stability of the ceasefire between the United States and Iran. President Trump rejected Iran’s latest peace proposal, suggesting potential for further talks. Furthermore, with gasoline prices exceeding $4.50 and diesel prices over $1, a plan to suspend the federal gasoline tax is being considered.