Pentagon raises Iran war cost estimate to $29 billion as funding timeline remains unclear
The Pentagon's top budget official has raised the estimated cost of the Iran war to $29 billion, according to a new assessment.The figure is $4 billion higher than the estimate given two weeks ago.The update comes as Secretary Pete Hegseth declined to say when the administration will ask Congress for additional money linked to the conflict.No timeline for a supplemental funding request was provided.The revised estimate adds fresh pressure to the debate over the financial burden of the Iran conflict and how the administration plans to cover it.It also leaves open how soon lawmakers may be asked to consider extra... [Continue Reading]
360LiveNews | 12 May 2026 17:00 LONDON
