Iran War Cost Hits $38 Billion as U.S. Military Faces Rising Pressure
The six-month-old U.S. war with Iran has cost the Pentagon an estimated $38 billion through August 1, 2026, according to a new analysis from the nonpartisan Congressional Budget Office (CBO). The agency estimates that the cost could increase by around $2 billion to $3 billion every month if military operations continue. The financial cost is […]
Houthis Seize More Red Sea Islands, Threatening Global Oil Supplies
Yemen’s Iran-backed Houthi forces have captured two more strategic islands in the southern Red Sea, strengthening their position around one of the world’s most important shipping corridors. The Houthis deployed fighters on Greater Hanish and Lesser Hanish, about 160 kilometers north of the Bab el-Mandeb Strait, according to Yemeni officials and Houthi sources. The latest […]