US Defence Secretary estimates war with Iran cost US $37.5 billion

WASHINGTON, (UrduPoint / Pakistan Point News / WAM - 22nd Jul, 2026) The war with Iran has cost the US some $37.5 billion so far - an increase of nearly $8 bn since the last estimate in May, Defence Secretary Pete Hegseth said.

Hegseth gave the estimate during a Senate Appropriations Committee hearing.

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Hegseth told lawmakers at a hearing in Washington that the $37.5 billion included certain aspects of the war as well as anticipated costs through September 30.

He said he was seeking $87bn in congressional funding for his department, with $67bn of that destined for operations in the middle East.