Pentagon says Iran war spending hits $29 billion as defense costs rise

The United States has recorded $29 billion in spending on the Iran war, reflecting adjustments for accelerated munitions attrition and increased tempo of operations in the Gulf. Negotiations between Washington and Tehran remain stalled amid the conflict, and the progress of a second round of talks is uncertain. US President Donald Trump described the ceasefire as ‘on massive life support’ and rejected Iran’s response to a US proposal.