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Iran war has cost on average $246 million per day in its first five months, CBO finds
CBO estimates the Iran war cost the Pentagon $38.1 billion through Aug. 1 and could cost another $2 billion to $3 billion each additional month.
AI Summary
The Congressional Budget Office estimates that the U.S. war with Iran cost the Pentagon $38.1 billion through August 1, 2026, and that each additional month of fighting could add $2 billion to $3 billion. More than half of the total comes from replacing missiles and other munitions used during the conflict. Increased flying hours added $10.4 billion, while higher fuel prices contributed $2.7 billion. The war has also pushed global fuel prices higher since President Donald Trump launched it on February 28.
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