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SignificantMilitaryNBC News·Defense Secretary Pete Hegseth

Hegseth says Iran war will cost $37.5 billion

Defense Secretary Pete Hegseth informed senators that an estimated $37.5 billion has been spent on the Iran war. This figure represents an increase from the $28 billion reported before the ceasefire took effect.

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Tuesday, July 21, 2026 at 06:29 PM EDT
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