Pentagon says US cost of Iran war nearing $29 billion
- Posted on May 12, 2026
- By Business News Today
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- 1 min read
Pentagon says US cost of Iran war nearing $29 billion
The Pentagon said Tuesday that the cost of the war with Iran had climbed to nearly $29 billion, as President Donald Trump faced mounting scrutiny over the conflict and its impact on military readiness. "At the time of testimony... it was $25 billion dollars," Hurst told lawmakers, referring to Hegseth's April 29 estimate.
