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Pentagon says US has spent $29 billion on Iran war so far, amid concerns over weapons stockpiles

Defence Secretary Pete Hegseth came under intense questioning by Democratic and Republican lawmakers over the cost of war, Trump's end game and diminishing weapons stockpiles.

READ MORE : http://www.euronews.com/2026/05/13/pentagon-says-us-has-spent-29-billion-on-iran-war-so-far-amid-concerns-over-weapons-stockp

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Transcript
00:01The Pentagon said that the cost of the Iran War has risen to $29 billion,
00:07an estimate that is roughly $4 billion higher compared to two weeks ago.
00:11The rise in defense spending goes hand-in-hand with questions over U.S. President Donald Trump's endgame
00:18and the concern over the country's diminishing weapons stockpiles.
00:22For the second time in a few weeks,
00:24Defense Secretary Pete Hegseth faced heavy questions by U.S. lawmakers in Congress.
00:30Unlike last time, Hegseth also faced a lot more pushback from within his own Republican Party.
00:36Mr. Secretary, the war in Iran has not only cost 13 American service member lives,
00:42it is also costing American taxpayers dearly.
00:46Tens of billions of dollars and counting,
00:49and that's money that could be helping people perhaps get health care.
00:52But instead we're paying for bombs dropped in a war that American people overwhelmingly opposed.
00:57Seems to me that there's been a different plan almost daily with dealing with this problem.
01:05Hegseth also rejected claims that Washington is running out of weapons stockpiles.
01:10I take issue with the characterization that munitions are depleted in a public forum.
01:15That's not true.
01:16And ultimately we have all the munitions needed to execute what we need to execute,
01:19and we're going to ensure that we supercharge that going into the future.
01:23Iran and the U.S. remain in a standoff in the Strait of Hormuz,
01:26keeping global markets on edge.
01:29As a result, Trump has faced declining approval ratings domestically,
01:33with many U.S. citizens blaming him for rising gas prices.
01:38That was great because of migration and interest in the world's
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