• Sign up for the Daily Digest E-mail
  • X
  • LinkedIn
  • See more results

    Generic selectors
    Exact matches only
    Search in title
    Search in content
    Post Type Selectors

BOE Report

Sign up

See more results

Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
  • Home
  • StackDX Intel
  • Headlines
    • Latest Headlines
    • Featured Companies
    • Columns
    • Discussions
  • Well Activity
    • Well Licences
    • Well Activity Map
  • Property Listings
  • Land Sales
  • M&A Activity
    • M&A Database
    • AER Transfers
  • Markets
  • Rig Counts/Data
    • CAOEC Rig Count
    • Baker Hughes Rig Count
    • USA Rig Count
    • Data
      • Canada Oil Market Data
      • Canada NG Market Data
      • USA Market Data
      • Data Downloads
  • Jobs

US war in Iran has cost $29 billion so far, Pentagon says

May 12, 20268:37 AM Reuters0 Comments

The United States’ war in Iran has ​cost $29 billion so far, a senior Pentagon official said on Tuesday, an increase of $4 billion from an estimate provided late last month.

With just six months before midterm elections in which President Donald Trump’s Republicans may face an uphill battle to keep their House majority, Democrats are riding high in public opinion polls as they attempt to link the war with cost of living issues.

On April 29, the Pentagon said the war at that point had cost $25 billion.

Jules Hurst, who is performing the duties of the ​comptroller, told lawmakers on Tuesday that the new cost included updated repair and replacement of equipment and operational costs.

“The joint staff team and the comptroller team are constantly looking at that estimate,” Hurst said. He was speaking alongside Defense Secretary Pete Hegseth and Chairman of Joint Chiefs of Staff, General Dan Caine.

It is unclear how the Pentagon arrived at the $29 billion figure. A source told Reuters in March that Trump’s administration estimated the first six days of the war had cost at ​least $11.3 billion.

(Reporting by Idrees Ali, Phil Stewart and Doina Chiacu; Editing by David Ljunggren)

Follow BOE Report
  • Facebook
  • X
  • LinkedIn

Sign up for the BOE Report Daily Digest E-mail

Successfully subscribed

Latest Headlines
  • ARC Resources Ltd. Files Management Information Circular For Arrangement With Shell plc And Provides Board Update
  • Oil extends losses as Trump calls off planned strikes on Iran
  • Goldman lowers 2027 Brent oil forecast on supply growth, demand risks
  • Discount on Western Canada Select tightens to narrowest since November
  • Global Energy Show Canada 2026 Convenes Global Energy Leaders to Advance Investment, Partnerships and Energy Security

Return to Home
Alberta GasMonthly Avg.
CAD/GJ
Market Data by TradingView

    Report Error







    Note: The page you are currently on will be sent with your report. If this report is about a different page, please specify.

    About
    • About BOEReport.com
    • In the News
    • Terms of Use
    • Privacy Policy
    • Editorial Policy
    Resources
    • Widgets
    • Notifications
    • Daily Digest E-mail
    Get In Touch
    • Advertise
    • Post a Job
    • Contact
    • Report Error
    BOE Network
    © 2026 Stack Technologies Ltd.