Iran War Cost Hits $37.5B

WashingtonThe Iran war’s price tag rose $7.5 billion in weeks.

Defense Secretary Pete Hegseth told senators the campaign will cost $37.5 billion by September 30; the Pentagon separately wants $21 billion to replace fired munitions.

Stockpiles will take years to rebuild, the real limit on how long strikes to keep Hormuz open can continue.

Sources: The National, Al-Monitor, Fortune