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Live updates: Hegseth says Iran war cost $37.5 billion so far as administration seeks more funding - CNN

Live updates: Hegseth says Iran war cost $37.5 billion so far as administration seeks more funding - CNN

WorldBy Aleena Fayaz, Mohammed Tawfeeq, Tori B. Powell, Elise Hammond, Davis Winkie, Tal Shalev, Alejandra Jaramillo, Sean Lyngaas, Aaron Cooper, Maureen Chowdhury, Jedd Rosche, Eyad Kourdi, Hira Humayun, Lauren Fox, Ellis Kim, Dana Karni, Aida Karimi, Kaanita Iy7/22/20261 min read

The war with Iran has cost $37.5 billion so far, according to US Defense Secretary Pete Hegseth, but the bill is likely much higher, experts have told CNN. Follow for live news updates.

✨ Key Highlights

  • US Defense Secretary Pete Hegseth told Congress the war with Iran has cost $37.5 billion so far, though experts told CNN the actual bill is likely much higher, as he and Joint Chiefs Chairman Gen. Dan Caine testified to seek additional funding.
  • US Central Command said it completed its 11th consecutive night of strikes against Iran late Tuesday, marking a sustained military campaign.
  • President Donald Trump warned the US will probably soon strike the area of Pickaxe Mountain, a fortified underground facility believed to be tied to Iran's nuclear program; Tehran said any attack on its nuclear facilities would be treated as an expansion of the regional war.
  • The conflict has widened, with Kuwait, Bahrain, and Jordan reporting they intercepted aerial attacks, while Iranian-backed Houthi forces in Yemen warned Saudi vessels against using the Red Sea.
  • Speaking at an ASEAN foreign ministers' meeting in Manila, US Secretary of State Marco Rubio said Iran is "not serious about talks," insisting the US remains committed to diplomacy but would act to protect its interests and those of its allies if Tehran does not engage.
  • Rubio cautioned against allowing Iran to control the Strait of Hormuz, arguing Tehran has no legal right to restrict transit through the international waterway; the strait was fully open before US and Israeli strikes on Iran in February, and Iran has since fired on vessels it said failed to coordinate with its authorities.
Air defenses were activated in the Iranian capital Tehran early Wednesday, several state media reported. Tehrans air defenses were activated once again a few minutes ago in the eastern and western p
Live updates: Hegseth says Iran war cost $37.5 billion so far as administration seeks more funding - CNN — Bloorian