May 29, 2026

The cost of the US war on Iran has exceeded $95 billion

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As the war with Iran enters its fourth month, the US military spending bill has exceeded $95 billion since the start of operations on February 28.

According to estimates based on a briefing the Pentagon gave to Congress on March 10, the first six days of fighting alone cost $11.3 billion, with plans to spend an additional $1 billion daily throughout the duration of the war.

The economic repercussions affecting American citizens extend far beyond direct military expenditures.

Gasoline prices have risen by 48.4% and diesel by 51.3% over the past 89 days, costing American households an additional $49.5 billion, or an average of $378.14 per household.

These increases come despite previous estimates (last month) placing the total cost of the war between $40 and $50 billion, not including the costs of rebuilding military installations or replacing assets.

Renewed clashes erupted in Bushehr on Thursday, with Iranian media reporting explosions in the southern province, coinciding with air defenses intercepting a drone.

The Iranian Tasnim news agency quoted a military source as saying that Iranian air defenses successfully intercepted a US drone in Bushehr by launching a surface-to-air missile, and the source confirmed the interception was successful.

Amid stalled negotiations and diplomatic uncertainty, fundamental disagreements continue to hinder a final agreement.

Since the United States imposed a naval blockade on Iranian ports on April 13, and Trump announced on April 21 an extension of the ceasefire agreement at the request of the Pakistani mediator, he nevertheless confirmed the continuation of the blockade.

As a result, negotiations have reached a stalemate, while the two sides have escalated their military tensions.

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