The estimate is broadly in line with a March Pentagon report to Congress, which said the first six days of the war cost $11.3 billion. The report also said spending in the following days would amount to about $1 billion per day.
The U.S. administration has not yet released final figures on war-related spending. Last month, the Department of Defense told Congress that military costs from the attack totaled about $29 billion.
That estimate did not include the spending needed to repair about a dozen U.S. bases in the region that were damaged by Iranian attacks. The Pentagon is now seeking congressional approval for $80 billion to cover the costs of the war in Iran.
The requested funds would cover areas including ammunition replenishment, personnel pay and the operating costs of ships. Pentagon officials say that without the money, the military will run short of funding for current operations in the coming months, including additional protection of the U.S.-Mexico border.
Moody Analytics estimated that the cost of the war for American taxpayers and consumers was at least $132 billion. Its analysis includes military spending, higher energy and commodity prices, and increased interest rates.
Since the start of the war with Iran, Americans have paid about $60 billion more for gasoline and diesel. That amounts to about $460 per household, and the figure continues to rise.
When the United States and Israel launched the attack on Iran, Americans were paying an average of about $3 per gallon of fuel. Since then, gasoline prices have risen steadily and now stand at about $4 per gallon.
The increase was linked in part to Iran’s blockade of the Strait of Hormuz, which disrupted global oil flows. Oil prices rose in March to more than $120 per barrel, before falling to about $80 after the United States and Iran reached a peace agreement.
The U.S. and Israeli attack also caused heavy loss of life, according to the article. About 3,500 Iranians were killed, while Israel killed about 3,700 people in parallel attacks on Lebanon.
The United States lost 13 soldiers, and 26 Israelis were also killed. U.S.-aligned Gulf states in the region also suffered losses.
