$100 Billion & Climbing: Iran War Price Tag Believed Far Higher Than WH Estimates
ZeroHedge ·

$100 Billion & Climbing: Iran War Price Tag Believed Far Higher Than WH Estimates While the Pentagon publicly clings to a $30 billion price tag for its war against Iran, internal Defense Department assessments (unsurprisingly) paint a far more staggering picture: the true cost is rapidly closing in on the $80 billion to $100 billion range , according to NBC News. The Pentagon's Office of Management and Budget told Congress on June 30 that US military operations against Iran so far is $30 billion: "We’ve spent about $30 billion," OMB Director Russel Vought told the House Appropriations Committee. NBC's new assessment bluntly states the following , however: "The cost of the war with Iran could be more than triple the most recent estimate of roughly $30 billion, according to three U.S. officials and three people familiar with the internal cost estimates." The lower figure was reportedly initially floated based a classic Washington accounting trick which only evaluates the cost of expended missiles and munitions while conveniently ignoring the charred remnants of American hardware and damaged bases littering the Gulf states after Iranian retaliatory attacks, the report explains. The estimate featured in the NBC report accounts for actually rebuilding those installations previously attacked by Iran. Judging by how things are going this week - after five consecutive days of renewed fighting - the final bill from damage will only keep pushing up from here. It has been well documented that while American troops at Gulf bases across the Strait of Hormuz and Persian Gulf were by and large pulled back from near 'front lines' - large US military assets like refueling tankers were in some cases left behind, resulting in scenes like the following : The Telegraph: In a picture verified by AFP, the mangled airframe of the US air force jet stands on the runway of Prince Sultan air base in Saudi Arabia. " Five U.S. Air Force refueling planes were struck and damaged on the ground at P
AI 시장 분석
The cost of the US-Iran war is expected to exceed $10 billion, and the actual cost is estimated to be between $8 billion and $10 billion due to Iran's retaliation damaging US bases and infrastructure, causing costs to increase.
상승 영향
- Defense — The increasing cost of the US-Iran war is expected to have a positive impact on the defense industry, as increased spending on military equipment and supplies will drive demand for defense-related products and services. This will benefit defense companies and contribute to the growth of the industry.
하락 영향
- Oil — The war's cost increase is expected to lead to an increase in oil prices, as the conflict will disrupt global oil supplies and lead to an increase in oil prices. This will benefit oil producers but harm oil consumers and the global economy.
DYAX 전담 분석
The cost of the US-Iran war is expected to exceed $10 billion, and the actual cost is estimated to be between $8 billion and $10 billion. The cost increase is due to Iran's retaliation damaging US bases and infrastructure, causing costs to increase.
The war's cost is expected to be high due to the extensive destruction of infrastructure and the need for military equipment and supplies. The US military's response to Iran's retaliation will also contribute to the cost increase.
The war's cost will likely have a positive impact on the defense industry, as increased spending on military equipment and supplies will drive demand for defense-related products and services. This will benefit defense companies and contribute to the growth of the industry.
However, the war's cost will also have a negative impact on oil prices, as the conflict will disrupt global oil supplies and lead to an increase in oil prices. This will benefit oil producers but harm oil consumers and the global economy.
The US government's response to the crisis, including the deployment of military assets and the imposition of economic sanctions, will also impact the global economy and oil markets.
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