U.S. military and household costs mount during Iran war
publishers 32articles 34first reported 25 Oct, 03:00 UTCdeveloping since 26 Oct · 7 editions
The U.S. military has spent more than $47 billion on the war in Iran, according to Pentagon data obtained by Reuters, while higher fuel prices have added substantially to household expenses.
The Pentagon estimate, which has not been publicly released, is more than 25% above Defense Secretary Pete Hegseth’s July estimate of $37.5 billion. It includes a projected $29 billion-plus to replace expended munitions and more than $6 billion for lost military equipment, including aircraft and drones. Reuters reported that the estimate does not clearly include the expected cost of repairing U.S. bases damaged by Iranian missile and drone attacks. The Pentagon did not immediately comment.
Separate research cited by Fortune estimated that U.S. consumers have paid an average of $471 more for fuel since the war began in February, nearly eight times the roughly $60 global average. The Centre for Research on Energy and Clean Air calculated the total additional U.S. fuel cost at $160 billion. Moody’s Analytics chief economist Mark Zandi estimated that the conflict has cost U.S. households about $2,000 when higher gasoline prices, airfares, inflation and supply-chain expenses are included.
Gasoline prices have risen from $2.98 a gallon before the war to more than $4.26, Fortune reported. President Donald Trump has described the higher fuel costs as “a very inexpensive price to pay” and argued that increased energy production is generating economic gains. The White House did not immediately respond to Fortune’s request for comment.
HOW THIS STORY WAS MADE
Written from 7 articles, 3 with the publisher's own text; 7 independent newsrooms once syndicated copies count as one; this version written 48 h after the record first saw the story; the editor kept it as written.
- Publishers
- 32
- Source articles
- 34
- Given to the writer
- 7, 3 with the article's own text
- Independent newsrooms
- 7
- This version written
- 48 h after the record first saw the story
- Second model (editor)
- kept as written
- Publication gate
- passed
- Human review
- none
WHAT THE EDITOR DID
The second model checked the writer's draft against the same sources and published it as written.
Written by a language model from the sources above, then checked by a second model that may only cut, attribute or correct. How it works →