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    MarketForces Africa » Foreign » U.S. War in Iran Cost $25bn so Far, Says Pentagon Official

    U.S. War in Iran Cost $25bn so Far, Says Pentagon Official

    Olu AnisereBy Olu AnisereApril 30, 2026 Foreign No Comments2 Mins Read
    U.S. War in Iran Cost $25bn so Far, Says Pentagon Official
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    U.S. War in Iran Cost $25bn so Far, Says Pentagon Official

    The United States’ war in Iran has ​cost 25 billion dollars so far, a senior Pentagon official said, providing the first official estimate of the military’s ‌price tag for the conflict.

    Jules Hurst, who is performing the duties of the ​comptroller, told lawmakers on the House Armed Services Committee that most of that money was for munitions.

    Hurst did not detail what that cost estimate included or whether it accounted for the projected costs of rebuilding and repairing base infrastructure in the Middle East damaged in the conflict.

    Rep. Adam Smith, the top Democrat on the House Armed Services Committee, responded to ​Hurst: “I’m glad you answered that question. Because we’ve been asking for a hell of a long time, and no one’s given us the ​number.”

    Earlier, in March, President Donald Trump’s administration estimated that the first six days of the war had cost the United States at ​least 11.3 billion dollars.

    Defence Secretary Pete Hegseth told lawmakers that the cost was justified given the U.S. goal of ensuring Iran will ​not have a nuclear weapon.

    “What would you pay to ensure Iran does not get a nuclear bomb? What would you pay?” Hegseth asked.

    The United States started carrying out strikes against Iran on February 28, and the two sides are currently maintaining a fragile ​ceasefire.

    The Pentagon has poured tens of ​thousands of additional forces into ⁠the Middle East, including keeping three aircraft carriers in the region

    Global Markets Under Pressure from Inflation Concerns

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    Olu Anisere
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    Olu Anisere is a financial and economic journalist at MarketForces Africa, specialising in African macroeconomic policy, international finance, energy markets, and continental development.He covers major multilateral institutions, including the International Monetary Fund (IMF), World Bank, and the United Nations Economic Commission for Africa (ECA), providing readers with frontline reporting on policies shaping Africa's economic trajectory.Olu has reported extensively on Nigeria's fiscal and monetary policy landscape, including CBN interest rate decisions, Nigeria's bond market, FX inflows, and the country's engagement with global financial institutions.His coverage spans IMF and World Bank Spring and Annual Meetings, African Ministers of Finance conferences, and high-level economic forums where Africa's development agenda is set.His reporting captures perspectives from Africa's most influential economic voices, including Tony Elumelu, senior IMF officials, and CBN leadership, bringing institutional insight and policy depth to MarketForces Africa's readers.Olu also covers Inside Africa — tracking economic, investment, and development stories from across the continent. Olu Anisere is based in Lagos, Nigeria.

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