Pentagon Says US Spending on Iran War Nears $29 Billion

The financial cost of the United States’ ongoing military involvement linked to Iran has risen to nearly $29 billion, according to new figures released by the Pentagon, underscoring the scale of Washington’s expanding operations in the Middle East.

US defence officials informed lawmakers that military expenses have continued to climb due to increased deployments, regional security missions, and the continued protection of strategic maritime routes in the Gulf.

The latest estimate represents a sharp rise in spending over recent months as the US maintains warships, aircraft, missile defence systems, and thousands of troops across the region amid heightened tensions with Tehran.

Officials said a large portion of the expenditure has gone toward operational support, intelligence activities, aerial surveillance, and maintaining a rapid-response military presence near key shipping lanes used for global oil exports.

The growing financial burden has intensified debate in Washington, with several lawmakers questioning how long the US can sustain such costly operations without affecting broader defence priorities and domestic spending plans.

Pentagon representatives defended the military campaign, arguing that the deployment remains essential to protecting US allies, deterring regional threats, and ensuring stability in international energy markets.

The update comes as diplomatic efforts between Washington and Tehran remain at a standstill, raising concerns that the confrontation could drag on for an extended period.

Analysts say continued instability in the Gulf could place additional pressure on global economies, particularly if disruptions affect oil exports or international shipping routes through the Strait of Hormuz.

Markets have reacted cautiously to the prolonged standoff, with investors increasingly worried about the economic consequences of a deeper regional conflict.