The Pentagon disclosed on Wednesday that the United States has expended approximately $25 billion on Operation Epic Fury, the military campaign against Iran that began in late February. The operation, which has targeted over 13,000 Iranian sites and intercepted nearly 2,000 ballistic missiles and drones, has primarily been funded through munitions purchases, daily operations, and equipment replacement.
Munitions and Maintenance Costs
Acting Pentagon Comptroller Jules Hurst testified before Congress, stating that the majority of the $25 billion expenditure has been allocated to munitions. 'Most of that is in munitions. There is part that is obviously O&M and equipment replacement,' Hurst explained. The US has depleted significant stockpiles of critical weapons, including THAAD interceptors, SM-3 interceptors, Precision Strike Missiles, and Tomahawks, raising concerns about future conflict preparedness.
Broader Economic Impacts
The ongoing war has also had broader economic repercussions, particularly in the energy sector. The closure of the Strait of Hormuz has driven up crude oil and natural gas prices, affecting various industries. Experts from the Center for Strategic and International Studies noted that the US's blockade of Iranian ports and the massive military buildup in the Middle East will likely continue to escalate costs.
'The costs will likely continue to increase as the US maintains its blockade and prepares for potential resumed combat operations,' said Hurst.
The Pentagon plans to submit a supplemental budget request once a full assessment of the conflict's costs is completed. Defense experts estimate the incremental cost of the war to date at between $25 and $35 billion, aligning with the Pentagon's report.