• Blood, Bombs & Billions 2026-10-06 19:42

    By Maede Zaman Fashami

    Blood, Bombs & Billions

    For some in America, every new war comes with a new payday.

    TEHRAN- The US-Israeli war against Iran was not merely a military and geopolitical crisis; it also created a major economic shock. According to an estimate by the US Congressional Budget Office (CBO), the direct cost of US combat operations against Iran had reached approximately $38 billion by August 1, 2026. That figure includes the cost of replacing expended munitions and lost equipment, increased flight hours, military operations, and higher fuel costs. It does not include costs borne by other federal agencies or the war’s longer-term economic consequences.