00:00For the first time, the Pentagon has disclosed the total cost of the war in Iran so far.
00:06So approximately at this day, we're spending about $25 billion on Operation Epic Fury.
00:11I'm glad you answered that question because we've been asking for a hell of a long time and no one's
00:14given us the number.
00:15That total estimated cost has accumulated over the past two months since the war began, and it's still rising.
00:23The Pentagon says the cost includes munitions, daily operations, and damaged or destroyed equipment.
00:31A large share of that spending is on high-end weapons like missile interceptors and Tomahawk cruise missiles, many of
00:39which can take years to replace.
00:41And that's raising concerns about military readiness, especially if the U.S. were to face another major conflict.
00:48But the cost of the war goes beyond the battlefield.
00:51Fighting has disrupted the Strait of Hormuz, one of the world's most important oil routes, driving up crude oil and
00:59natural gas prices.
01:01The consequences are expected to continue across various industries as the war carries on.
01:06And as long as tensions remain high, those costs could keep climbing.
01:10For more on the Iran war, head to Business Insider.
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