Cost of US war with Iran rises to nearly $29 billion, Pentagon official tells Congress
The revised figure marks a significant jump from the $25 billion Hurst cited during a hearing on April 29
WASHINGTON, United States (MNTV) – The financial cost of the U.S. war with Iran has climbed to nearly $29 billion since hostilities began on February 28, a senior Pentagon official told a House Appropriations subcommittee Tuesday, revising upward from an earlier estimate of $25 billion given just days ago.
“At the time of testimony from the ask, it was $25 billion, but the joint staff team and the comptroller team are constantly looking at that estimate, and so now we think it’s closer to 29 billion,” said Jules Jay Hurst, defense undersecretary comptroller and chief financial official.
He attributed the increase to updated calculations on the repair and replacement of damaged equipment as well as ongoing operational costs of maintaining forces in the theater.
The revised figure marks a significant jump from the $25 billion Hurst cited during a hearing on April 29.
The U.S. and Israel launched strikes on Iran on February 28, triggering Iranian retaliation against Israel and Gulf states hosting US military assets, along with the closure of the Strait of Hormuz.
A Pakistan-mediated ceasefire took effect on April 8 but talks in Islamabad failed to produce a lasting agreement, and President Trump later extended the truce without setting a new deadline.
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