U.S. Iran Conflict Costs $25 Billion as Oil Hits $119

The U.S. military campaign against Iran has incurred an estimated cost of $25 billion, as reported by senior Pentagon official Jule Hurst. This figure underscores the scale of the conflict, which has seen oil prices soar to $119 per barrel amid fears of supply disruptions.

President Donald Trump reaffirmed that the blockade on Iran will remain until Tehran agrees to renegotiate its nuclear program, indicating a prolonged standoff with significant implications for global stability. The conflict has resulted in the deaths of thirteen U.S. troops and has disrupted oil shipments, contributing to rising petrol prices in the U.S.

A recent poll indicated that only 34% of Americans approve of the U.S. conflict with Iran. The situation remains volatile, with Iran threatening to disrupt traffic through the Strait of Hormuz in response to U.S. actions, further impacting global oil supply and prices.