World · 2026-10-28 · Morning briefing

US military tallies $47.1bn cost for war with Iran

The United States military has spent at least $47.1 billion on its war with Iran as of mid-October, according to a new estimate from U.S. Central Command. Replacing expended munitions accounts for the largest share of the cost, at $29 billion. Another $6.1 billion was spent replacing lost equipment, while incremental costs like support for service members tallied $11.9 billion.

The total has risen sharply from the $37.5 billion figure reported by Defense Secretary Pete Hegseth just three months ago. The Congressional Budget Office projects the conflict, now entering its ninth month, will continue to cost $2 billion to $3 billion monthly. President Trump has suggested he might restart hostilities after the upcoming midterm elections unless Iran agrees to a deal, telling supporters, "We may do another little Epic Fury, or they'll agree."

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• US military cost of Iran war tops $47B, Pentagon tells Congress
• US watchdog tallies Iran war’s hit to weapons stockpiles, military bases and more

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