Top Pentagon officials finally put a price tag on the war in Iran so far during a contentious congressional hearing on Wednesday. Analysts say the $25 billion figure they cited underestimates the total cost by a large amount.
The cost of some munitions, destroyed equipment and operating expenses total as much as $14 billion, according to Bloomberg calculations based on Pentagon data. That includes $8 billion for some munitions, $5 billion to replace destroyed aircraft and equipment and $1 billion in operating costs for two aircraft carriers and 16 destroyers across 39 days of near-constant strikes.
That sum doesn’t factor ...