Iran war estimates: $47 billion in total cost, almost $30 billion in munitions

The cost of the Iran war continues to rise as President Donald Trump publicly weighs additional military action following next week’s midterm elections.

Pentagon officials informed Congress on Oct. 16 that the cost of the war had surpassed $47 billion. The price tag continues to incrementally tick up as the department has maintained a significant force posture in the region to carry out the ongoing blockade of Iranian ports, even if the kinetic attacks between the United States and Iran have halted.