Live updates: Cost of Iran war increases to $29 billion so far, Pentagon official says
🔴 Tension RisingCNN2026-05-13
The Iran war has cost the US $29 billion, marking an increase from previous estimates, highlighting the escalating economic impact. President Donald Trump is visiting China to urge China-ally Iran to reopen the Strait of Hormuz and agree to a peace deal. Simultaneously, Israel launched attacks in Lebanon, while Iran demanded the release of detained citizens in Kuwait.