U.S. Department of Defense report: Iran war cost $33.4 billion by end of June, with hundreds of buildings and dozens of aircraft damaged.
The Iran war has cost approximately $33.4 billion as of June 29, according to a report submitted to Congress by the U.S. Department of Defense on Monday. Of this, Iranian attacks caused $184 million in physical damage to U.S. diplomatic facilities in four Middle Eastern countries: Iraq, Kuwait, Saudi Arabia, and the United Arab Emirates. The report also stated that Iranian attacks have damaged or destroyed "hundreds of buildings and structures" at U.S. bases in the Middle East, as well as "dozens" of U.S. aircraft, including one F-35A, four F-15E fighter jets, and one A-10 attack aircraft. Ammunition consumption during the conflict has also led to "strategic inventory shortfalls and industrial base bottlenecks for ammunition resupply."
No AI analysis yet. Tap the "AI Analysis" button above to generate one now.
Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
24H Trending
-
1
The 10-year U.S. Treasury yield is down approximately 8 basis points from its previous close, currently at 4.96%.
-
2
Google and Microsoft's Q3 capital expenditure falls short of estimates, raising concerns about AI build-out costs and delays
-
3
Report: Hedge Funds Exit Bitcoin ETF Arbitrage Trades, Sovereign Wealth Funds and Retail Investors Step In
-
4
New ECB staff estimates show bond yield rise cutting 2027-28 growth by a cumulative 100 BPS and inflation by 90 BPS vs Sept baseline.
-
5
Israel continues its attacks on Gaza, with the Gaza Ministry of Health stating that dozens have died while awaiting permission to leave, renewing calls to open the Rafah crossing.
-
6
Iranian President Pezeshkian stated that Iran is ready to expand cooperation with Turkey to serve common interests and enhance regional security.
-
7
Event prediction platform Kalshi completes $1 billion funding round, reaching a valuation of $40 billion, with non-sports revenue run rate exceeding $1 billion.
-
8
DBS Hong Kong to launch DBS Vantage Card, Hong Kong's first Visa Infinite Privilege Card
-
9
Unlimit founder backs Phase blockchain with $45M as mainnet launches
-
10
onXRP Team to Launch New Trading Method on XRP Ledger Next Week
Markets Today
Recommended Reading


