World Economy

War in Iran Costs $38 Billion, Strains Supply Chains

Independent assessments from the Congressional Budget Office and Pentagon inspector general detail significant economic and military tolls from the Iran conflict. The combined reports quantify costs exceeding $30 billion while documenting extensive infrastructure damage across U.S. military installations in eight regional countries. Supply chain disruptions have intensified pressure on logistics networks, particularly affecting munitions procurement and equipment availability. Damage assessments reveal hundreds of destroyed buildings and structures at military bases. High-value asset losses include Reaper drones valued at $30 million each, manned aircraft, and about a dozen refueling aircraft. Pentagon officials have released limited public information on war damages compared to previous conflicts, with briefings under Defense Secretary Pete Hegseth occurring infrequently.