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The Economic Times

Global Business / The Economic Times

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US Iran war bill climbs to $37.5 billion as Hegseth seeks urgent funding

The United States' war in Iran has reached $37.5 billion in costs. Defense Secretary Pete Hegseth sought urgent funding from skeptical lawmakers. This conflict strains the Pentagon's budget and risks military personnel matters. A fragile ceasefire collapsed, leading to daily strikes and troop casualties. President Trump threatens escalation and new targets in the ongoing conflict.

22 Jul 2026 6:18 am