Iran War Cost US $38 Billion, Depleted Missile Stocks For Potential China Conflict, CBO Warns

The CBO said the cost could rise by another $2 billion to $3 billion for every additional month of fighting, depending on the intensity of the conflict.

The US war with Iran has cost the Pentagon about $38 billion through August 1, with the conflict also leaving the military with fewer missile-defence interceptors for a potential future conflict with China, according to a new report by the nonpartisan Congressional Budget Office (CBO).

The CBO said the cost could rise by another $2 billion to $3 billion for every additional month of fighting, depending on the intensity of the conflict. The estimate covers the cost of replacing used munitions and equipment, increased flying hours, military operations and higher fuel costs.