BILLION-DOLLAR BLOODBATH: US SPENDS $1 BILLION DAILY ON IRAN WAR
GREATRIBUNETVNEWS–THE US-led Operation Epic Fury against Iran is burning through a staggering $1 billion daily, with costs soaring to $3.7 billion in just 100 hours. The conflict, sparked by the US-Israeli attack on Iran, has already claimed top Iranian officials, including Supreme Leader Ayatollah Ali Khamenei .
Key Costs:
– _”The preliminary Pentagon cost estimate of the war in Iran is $1 billion a day, a congressional official told me.”_ – Nancy Youssef, American journalist
– *lDaily Expenditure: $891 million to $1 billion, according to the Center for Strategic and International Studies (CSIS)
– Munitions and Assets: $4 billion spent on munitions and advanced interceptors in the first week
– Potential Total Cost: $65 billion to $95 billion if the conflict persists for several weeks
The war has also had significant economic consequences, including a 10.4-11.5% rise in oil prices and a halt in Strait of Hormuz shipping, trapping 20% of daily global oil transit .
Key Cost Drivers:
Munitions & Interceptors: The intense use of advanced weapons, including Tomahawk missiles and Patriot interceptors, accounts for the majority of the spending. CSIS estimated $1.7 billion was spent on air defense interceptors in the first 100 hours.
Asset Deployment: The operation includes the deployment of over 12 warships and around 100 aircraft.
Equipment Damage: Iranian retaliation has caused an estimated $2.55 billion in damage to US military equipment, including a major early warning radar system.
The Pentagon is reportedly preparing a $50 billion supplemental budget request to replenish used missiles and equipment. The high “burn rate” of munitions and the need for new funding are expected to challenge the administration
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