Iran War's Price Tag: Pentagon Bills, Fuel Shocks, and Trump's Numbers
CNN’s analysis shows the Iran war’s first 100 days cost the Pentagon about $35–$40 billion in direct DoD outlays (roughly $26B on munitions), with CSIS warning total U.S. costs across agencies are higher and a supplemental funding request of about $80B (much not for immediate Iran needs). War-driven energy shocks pushed gas above $4/gal and diesel over $5, lifting household fuel costs by roughly $253B vs a war-free baseline. The Strategic Petroleum Reserve is at its lowest since 1983, and global oil supply fell by about 1.15 billion barrels. Cushing, OK storage is stressed/near empty. Inflation sits near 4%, mortgage rates have climbed, and Trump’s approval hovers around 37%, underscoring a costly, complex economic and political picture even as markets show resilience.