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Us Military Spending

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geopolitics30 minutes ago•3 min saved

US-Iran conflict costs $47B despite Trump’s 'war over' claims

President Trump declared the US-Iran war 'effectively over' and 'won,' yet the conflict continues to drain billions from the US treasury. The Congressional Budget Office estimates total costs at $47.1 billion as of October, with ongoing naval blockades and defensive strikes adding $2-3 billion monthly. While Trump claims total control of the Strait of Hormuz, Iranian forces continue attacking tankers and US assets, and diplomatic talks remain stalled.

via The Hill|

#geopolitics #gulf-security #iran-war

geopolitics16 days ago•3 min saved

Iran War Costs Surge to $47.1 Billion as Pentagon Admits Estimates Are Likely Low

The U.S. military has spent at least $47.1 billion on the Iran conflict through October 16, a figure that excludes base damage and likely understates the true cost. The war, now in its ninth month, has consumed $29 billion in munitions and $6.1 billion in equipment repairs. With major strikes paused pending the November midterms, officials warn that costs could rise further if hostilities resume, while the Pentagon faces criticism for not including infrastructure damage in its accounting.

via The Daily Beast|

#defense-policy #geopolitics #iran-war

geopolitics17 days ago•0 min saved

US Iran War Costs $47.1B as Trump Weighs Post-Midterm Strikes

The US military has spent $47.1 billion on the Iran war through mid-October, exceeding Pentagon estimates by 25%. President Trump claims Iran is stalling negotiations to wait for the November midterms, while warning that further strikes remain possible after the election.

via Fox News|

#defense-budget #geopolitics #iran-war