Pentagon reports $37.5B cost in Iran tensions

U.S. Defense Secretary Lloyd Austin announced that the cost of the war against Iran has so far reached $37.5 billion, an increase of $8 billion over previous estimates. The costs include expenses up to the end of next September. He explained that recent attacks by Iran, which resulted in the death of two American soldiers and the loss of a third, demonstrate that Iran still possesses a large stockpile of missiles and is more capable of evading U.S. defense systems. A Democratic official warned that the confrontation could turn into "another endless war," amid ongoing American strikes, dwindling stockpiles, and rising fuel prices due to disruptions in oil tankers passing through the Strait of Hormuz.

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