Connect with us

Breaking News

US Spent More Than $11bn in First Week of Iran War, Report Says

A report says the United States has spent over $11 billion in less than a week of fighting in the Iran war, with daily costs estimated at $1 billion.

Published

on

President Donald Trump

The United States has spent more than $11.3 billion during the first six days of its military campaign against Iran, according to lawmakers briefed at the Pentagon, a report by The New York Times said.

The newspaper, citing sources familiar with Tuesday’s closed-door briefing, reported that the amount excludes several expenses tied to the military buildup ahead of the strikes, suggesting the overall cost of the first week may be considerably higher.

US defence officials had earlier told Congress that about $5.6 billion worth of weapons and munitions were used in the first two days of the conflict — indicating a much faster rate of spending than initially projected.

An analysis by the Center for Strategic and International Studies (CSIS) estimated that the opening 100 hours of Operation Epic Fury alone cost about $3.7 billion, or roughly $891 million per day.

According to CSIS, about $3.5 billion of that spending had not been included in existing defence budgets.

Advertisement

Meanwhile, the Iran War Cost Tracker, which monitors the financial toll of the conflict in real time, showed the total cost had exceeded $17 billion by 08:00 GMT Thursday.

The tracker estimates that the United States is currently spending around $1 billion daily on the war.

However, it cautioned that the real cost is likely much higher because the calculations do not include long-term obligations such as veterans’ healthcare and other post-war costs.

Africans Angle News

 

Advertisement
Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Trending Contents

Topical Issues

Ekiti Ekiti
Breaking News1 day ago

Outrage in Ekiti as Gunmen Demand N1bn for Abducted Worshippers

Kidnappers demand N1bn for 15 worshippers abducted in Ekiti, as the state government deploys security forces to secure their release.

Climate change Climate change
Forgotten Dairies1 day ago

Net Zero, Zero Justice: When Climate Solutions Ignore Human Rights Obligations -By Fransiscus Nanga Roka

So what you don't need is less climate action, but different (better) climate action. The action that carries human rights...

Nepal Nepal
Forgotten Dairies1 day ago

Impunity Is Policy: Nepal’s Transitional Justice System Under Indictment -By Fransiscus Nanga Roka

Justice is not a technical cosmetic addition to peace processes. It is their foundation. The lie of reconciliation without it,...

From ChatGBT Cyber Justice AI From ChatGBT Cyber Justice AI
Global Issues1 day ago

Saving the Law from the “Courts” of Digital Society and Algorithmic Logic Oleh -By Ja’far Shodiq, M Najib

Law enforcement based on public emotion is unacceptable. The law must be enforced legally and rationally. This legal-rational nature implies:...

Legal law gavel Legal law gavel
Breaking News1 day ago

Airtime Lending: Court Upholds Injunction, Dismisses FCCPC Application

Court rejects FCCPC’s bid to vacate an interim order on digital lending rules, maintaining protection for telecom service providers.

Tunji Disu Tunji Disu
Breaking News1 day ago

Effurun Shooting: IGP Disu Orders Sack, Trial of Officers Involved in Civilian Death

Nigeria’s police chief says officers involved in the Effurun shooting will face dismissal and criminal trial for unlawful homicide.

Leonard Karshima Shilgba Leonard Karshima Shilgba
Forgotten Dairies1 day ago

Reconciliation Or Realignment? Whose Peace, Whose Profit? -By Prof. Leonard Karshima Shilgba

Statesmanship is not measured by influence alone, but by legacy. Sir, you have found an effective Governor in Hyacinth Iormem...

Anti-LGBTQ and Museveni Anti-LGBTQ and Museveni
Global Issues1 day ago

LGBT And Its Impact On The State -By Tomy Michael

Is there LGBT in Indonesia? The answer is yes, but significant restrictions remain. For example, in the dissemination of LGBT-related...

Waste,bin,trash,dirt,gutter,woman Waste,bin,trash,dirt,gutter,woman
National Issues1 day ago

When Waste Becomes Livelihood: The Cost of an Unstructured Recycling System -By Martha Adamu

The absence of a structured waste recycling system reflects broader challenges in governance, planning, and social responsibility. While informal systems...

Matthew Ma Matthew Ma
National Issues1 day ago

Nigerian Lives Matter As Well –By Matthew Ma

Much like the phrase 'Black Lives Matter,' the slogan 'Nigerian Lives Matter' must evolve beyond a mere slogan; it should...