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Iran war cost hits $38 billion, forecast to rise $3 billion a month, CBO says

  • Posted on September 16, 2026
  • By Business News Today
  • 0 Views
  • 1 min read
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Iran war cost hits $38 billion, forecast to rise $3 billion a month, CBO says
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.
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Business News Today

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