US hits Iran , says war cost at $37 . 5 billion

What Happened

United States forces conducted an eleventh consecutive night of strikes against Iranian military logistics infrastructure, with reports of air defense activity in Tehran and near the Bushehr nuclear facility. Pentagon Chief Pete Hegseth stated the conflict has cost the U.S. $37.5 billion, while President Donald Trump indicated that potential future targets include an underground complex near Natanz. In response, the Iranian Khatam Al-Anbiya military command threatened to strike American and allied interests if such an attack occurs. Concurrently, Iranian forces reportedly targeted U.S. assets in Kuwait and Bahrain, with Kuwaiti, Bahraini, and Jordanian authorities reporting the interception of drone and missile strikes.

Key Actors

Why It Matters

The conflict has expanded to include threats against critical oil chokepoints, specifically the Strait of Hormuz and the Red Sea, following Houthi threats to blockade Saudi ports. The potential targeting of Iranian nuclear infrastructure and the broadening of hostilities to include U.S. allies in the Gulf significantly increases the risk of a wider regional war with global economic consequences for energy supplies.

Watch For

Monitor for potential U.S. strikes against the underground complex near Natanz, as well as the effectiveness of Houthi threats to blockade Saudi ports and the resulting impact on global oil tanker traffic in the Red Sea and Strait of Hormuz.