On October 16, the Pentagon informed Congress that the cost of the war with Iran has risen to $47.1 billion. The conflict, which was launched in February by the U.S. and Israel, has seen costs increase from a $37.5 billion estimate provided by Defense Secretary Pete Hegseth three months prior.
Costs continue to rise due to the maintenance of a military force posture required to sustain the ongoing blockade of Iranian ports. President Donald Trump has suggested that further military strikes may be an option following the upcoming midterm elections.