Iran war cost hits $38 billion, forecast to rise $3 billion a month, CBO says
- Posted on September 16, 2026
- By Business News Today
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Iran war cost hits $38 billion, forecast to rise $3 billion a month, CBO says
The six-month U.S. war against Iran has cost $38 billion through August 1, with expenses projected to rise by $3 billion monthly, the Congressional Budget Office said. The conflict has depleted munitions stockpiles, raised energy prices and could increase inflation by 0.5% in early 2027, straining US defence readiness and finances.