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US spending on war with Iran hits $29 billion
15-05-2026 14:40
US spending on war with Iran hits $29 billion
US spending on war with Iran hits $29 billion

Total US expenditures for the military campaign against Iran since late February 2026 have amounted to approximately $29 billion. This funding covers costs associated with conducting attacks, logistics, and maintaining a comprehensive blockade of Iranian seaports.

Of this total, $25 billion has been allocated to cover operational expenses during the initial two months of the armed confrontation. Since then, budgetary spending has increased by an additional $4 billion, reflecting a sustained high intensity of technical and personnel resource utilization in the Middle Eastern region. According to Jules Hurst III, the Pentagon’s chief financial officer, the US conflict with Iran is currently estimated at around $29 billion. US lawmakers predict that total expenses could rise to $50 billion if Washington needs to seek emergency supplemental funding from Congress.

Notably, the United States and Israel have launched a military campaign aimed at neutralizing Iranian drone launch sites, field airstrips, and stationary air defense systems. A direct consequence of these attacks has been the blockade of the Strait of Hormuz by Iran, a critical artery for global energy transportation. In response, Washington initiated a maritime blockade of the republic’s largest ports, effectively paralyzing Tehran’s export activities. Ongoing diplomatic consultations have yet to yield significant results, and the persistent fundamental contradictions between the parties increase the likelihood of a new escalation of the conflict in mid-2026.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

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