War in Iran Costs $29 Billion So Far. And, Students Are Finally Improving in Math The ongoing conflict in Iran has taken a significant toll on the US federal budget, estimated to have reached $29 billion as of writing.
This staggering figure represents one facet of the war's far reaching economic consequences, which are being felt globally in oil markets and trade.
Global oil prices continue to fluctuate wildly due to escalating tensions, impacting major producers and countries heavily reliant on imported energy.