Middle East crisis live: US war on Iran has cost around $29bn, Pentagon says
The Guardian • • nation
Key Points:
- The Pentagon updated the cost of the US war on Iran to approximately $29 billion, an increase from the initial $25 billion estimate, citing equipment repairs and operational expenses over roughly two months.
- Israeli strikes in southern Lebanon have continued despite a ceasefire on 17 April, resulting in 380 deaths and over 1,100 injuries, including civilians and rescue workers, according to Lebanese health officials.
- Iran's chief negotiator warned the US must accept Tehran’s 14-point peace plan or face failure, while President Trump emphasized preventing Iran from acquiring nuclear weapons, showing little concern for the war's financial impact on Americans.
- Saudi Arabia reportedly conducted covert air strikes on Iranian territory in late March in retaliation for attacks during the conflict, marking a bold escalation in the regional rivalry.
- US Defense Secretary Pete Hegseth claimed the US controls the Strait of Hormuz despite its closure, faced congressional scrutiny over ongoing military deployments, and acknowledged tensions with NATO allies amid the prolonged conflict.