Categories: News

US spent over $11bn in first six days of war with Iran – Report

The United States has spent more than $11.3 billion in the first six days of its war against Iran, according to a report by The New York Times citing details from a closed-door Pentagon briefing to lawmakers.

Sources familiar with the briefing told the newspaper that the figure covers the early phase of the conflict but does not include several expenses related to the military buildup before the strikes began, suggesting the total cost for the first week could rise significantly.

Defence officials had earlier informed members of the United States Congress that about $5.6 billion worth of munitions were used within the first two days of fighting — a rate of spending far higher than earlier public estimates.

Meanwhile, the Center for Strategic and International Studies (CSIS), a Washington-based think tank, estimated that the first 100 hours of Operation Epic Fury cost about $3.7 billion, averaging more than $891 million per day.

According to CSIS, about $3.5 billion of those costs were not previously budgeted.

The Iran War Cost Tracker, which monitors the conflict’s financial impact in real time, estimated the total cost of the war at over $17 billion as of 08:00 GMT on Thursday.

The site also estimated that the United States is currently spending about $1 billion per day on the war.

However, analysts note that the actual cost of the conflict is likely much higher, as the estimates do not account for long-term expenses such as veteran healthcare and other post-war obligations.

LUKMAN ABDULMALIK

Recent Posts

Trump: US, Iran’ll sign deal to end war, reopen Hormuz on Sunday

United States President Donald Trump has announced that an initial agreement aimed at ending the…

53 minutes ago

Ononuju alleges house rent dispute led to Okonkwo’s fallout with Obi

A chieftain of the Obidient Movement, Dr. Katch Ononuju, has alleged that financial expectations, including…

2 hours ago

Police dress as World Cup mascots for drug raid

Police in Peru adopted an unusual strategy to crack down on drug trafficking by disguising…

2 hours ago

Weekly review: NGX investors gain N1.38trn as market cap rises to N156trn

Investors gained N1.376 trillion in market value during the week, as the Nigerian Exchange Limited…

3 hours ago

Troops kill terrorists, rescue three kidnap victims in Zamfara

Troops of Sector 2, Operation FANSAN YAMMA, have killed two suspected terrorists, rescued three kidnapped…

4 hours ago

Troops repel ISWAP attack, rescue abductees in Borno

Troops of Operation Hadin Kai have repelled a coordinated attack by ISWAP terrorists on a…

5 hours ago

This website uses cookies.