ReferIndia News US-Iran Conflict Costs Reach USD 12 Billion

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US-Iran Conflict Costs Reach USD 12 Billion

Published on: March 15, 2026, 11:22 p.m. | Source: Devdiscourse

The ongoing conflict between the US and Iran has led to a $12 billion expenditure, according to Kevin Hassett, Director of the National Economic Council. The Pentagon initially estimated costs at $11.3 billion for the first week. Future funding needs from Congress are being evaluated.

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