Home NIEUWSARCHIEF The cost of the Iran war

The cost of the Iran war

The Nation  /  April 3, 2026

“It takes money to kill bad guys,” Defense Secretary Pete Hegseth said as he sought $200 billion in funding for the Iran war in March. But the cost far exceeds money.

HUMAN COST

175   Number of Iranians killed in the February 28 US missile strike on the Shajarah Tayyebeh elementary school, most of whom were children

3,291   Number of Iranians killed as of March 24 since the United States and Israel started the war

1,072   Number of people killed in Lebanon as of March 24

22   Number of people killed in the Gulf states as of March 25

18   Number of people killed 
in Israel as of March 25

13   Number of US service members killed as of March 16

3.2m   Number of Iranians who have been displaced as of March 12

1m   Number of people in Lebanon who have been displaced as of March 23

FINANCIAL COST

$16.5b   Amount spent by the United States during the first 12 days of the war

$5.6b   Estimated value of munitions used during the first two days of the war

$3.5m   Estimated cost of one Tomahawk cruise missile

20%   Portion of the world’s oil and natural gas that passes through the Strait of Hormuz

30%   Portion of the world’s fertilizer exports that 
pass through the Strait 
of Hormuz

$119   Cost of a barrel of oil as of March 19

30–40%   Expected rise in the cost of fertilizer for farmers

GLOBAL COST

12   Number of countries Iran has struck in retaliation

5m   CO2 amount, in metric tons, emitted in the first two weeks of the war

56%   Portion of Americans who disapproved of the war two weeks after its start