Story · Pete Hegseth
US war in Iran has cost US$37.5 billion so far, Pentagon says
According to a Pentagon report released on July 21, 2026, the ongoing US military conflict with Iran has cost $37.5 billion to date. The conflict has resulted in 17 US troop fatalities and approximately 430 injuries. The figures were disclosed during a Senate hearing in Washington, D.C., featuring US Secretary of Defense Pete Hegseth and Chairman of the Joint Chiefs of Staff General Dan Caine. The report, published by The Business Times Singapore, highlights the significant financial and human toll of the war, which continues to impact US military operations and budget allocations.
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