The Hindu·4 min read·medium
U.S. Secretary of Defence Pete Hegseth estimates cost of Iran war at $37.5 billion
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AFP✦AI Summary
US Defense Secretary Pete Hegseth testified that the war in Iran has cost $37.5 billion, requesting additional funding from Congress. Lawmakers expressed frustration over the lack of a clear strategy and demanded more transparency regarding the conflict's objectives.
U.S. Defence Secretary Pete Hegseth said on Tuesday (July 21, 2026) the Iran war has cost the United States $37.5 billion so far, up from a previous estimate of nearly $29 billion in mid-May.
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