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Hegseth says Iran war will cost $37.5 billion 

September 7, 2026
in Market & News
Reading Time: 1 min read
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Defense Secretary Pete Hegseth told senators that he estimates the Iran war has cost the U.S. military $37.5 billion so far. That estimate is an increase from the $28 billion quoted in the spring, before a ceasefire went into effect. NBC News reported this month that some experts and officials have put the overall cost for the war at $80 billion to $100 billion.

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