Iran War Costs US $38 Billion and Depletes Missile Stockpile
A recent report revealed that the war in Iran has resulted in at least $38 billion in costs for the US and significant depletion of its missile stockpile. Additionally, the Pentagon's inspector general confirmed munitions shortfalls, highlighting the financial and logistical impact of the conflict.
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Exclusive new photos reveal extensive damage at U.S. military positions due to Iranian attacks, shared anonymously with CBS News. The Pentagon reported that the war in Iran has cost the U.S. military at least $33.4 billion, primarily on munitions, excluding additional expenses from other agencies. In a separate case, the family of 37-year-old Tierra Walker is suing Texas Attorney General Ken Paxton, claiming that a denied abortion under the state's stringent ban contributed to her death.
The Congressional Budget Office (CBO) reported that the ongoing US war on Iran has costs escalating to $38 billion, with an anticipated increase of $3 billion per month, potentially raising inflation by 0.5 percentage points in early 2027. The report highlights severe strain on US munitions, with estimates suggesting it could take up to five years to replenish stockpiles depleted by the conflict, which has also caused global energy market disruptions. Criticism of the Trump administration's handling of the war mounts as it faces scrutiny over human toll, economic impact, and military readiness due to munitions shortages.
The war in Iran has cost the US at least $38 billion and significantly depleted its missile stockpile, with rebuilding expected to take up to five years, according to a Congressional Budget Office report. The Pentagon reported spending $33.4 billion by June 30, with $22.3 billion on munitions alone, and estimated additional costs of $3 billion for each month the conflict continues. The war has also driven inflation higher, adding approximately 0.5 percentage points to inflation rates due to increased energy costs, with Brent crude oil prices rising from $64 to $103 per barrel during the conflict.
The US Defense Department's inspector general reported that the war with Iran has caused significant munitions shortfalls, spending over $22 billion on munitions from February to June, contradicting President Trump's claims of "virtually unlimited" supplies. The report highlights industrial bottlenecks in resupply and detailed equipment losses totaling $3.7 billion, with a total expenditure of $33.4 billion between February 28 and June 30, which included lost aircraft and drones. Additionally, a poll indicated that only 23% of Americans believe the US is in a stronger position against Iran, showcasing growing public discontent regarding the conflict.