Iran war has cost $47 billion, U.S. military says
The war with Iran has cost the U.S. military at least $47.1 billion as of mid-October, according to a new estimate from U.S. Central Command obtained by CBS News.
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The war with Iran has cost the U.S. military at least $47.1 billion as of mid-October, according to a new estimate from U.S. Central Command obtained by CBS News.
The White House and Pentagon have prepared plans to use a Massive Ordnance Air Blast bomb to hit military sites in Iran if ordered by President Trump, sources familiar with the matter told CBS News.
At least 12 people, including one American, were killed and 309 others injured in a strike Saturday on Riyadh's King Khalid International Airport.
Police have now detained seven people, and released six on bail, in connection with the incident near an air base used by U.S. warplanes that President Trump and Britain's leader say has Iran links.
Trump said he doesn't believe "you could ever have peace" with Iran, and renewed his threat to resume U.S. attacks after the midterms.
Police say five U.K. nationals who were arrested near RAF Fairford air base in England, which is used by U.S. forces, have been released on bail.
Airfares for round-trip U.S. flights have jumped 31% compared to the same period last year, and tickets are likely to get pricier, according to a new analysis.
Iran had presented a seven-day plan to reopen the Strait of Hormuz and return to negotiations for a lasting end to the war.
As Iran responds to Trump's threat of annihilation with its own warning of a possible "new front" in the war, global oil prices are rising again.
Sources tell CBS News that despite warnings about the vulnerability of the outpost in Kuwait, a commander opted not to rebase farther from Iran.
President Trump said he could "annihilate" Iran while predicting that Tehran would make a deal to end the war after the U.S. midterm elections.
U.N.-commissioned rights experts say there are "reasonable grounds" to believe the U.S. committed war crimes with strikes that killed scores of Iranian civilians.
The alerts did not cite a specific threat, but called for Americans to "exercise heightened vigilance."
An Iran-linked adversary used Claude AI to try to target U.S. naval forces, Anthropic revealed in a recent report.
The Iran war has cost the U.S. military at least $33.4 billion — most of it on munitions — and not including hundreds of millions more spent by other agencies, the Pentagon says.
The images were sent to CBS News by active service members under condition of anonymity.
Badly wounded and alone in Iran's desert, downed U.S. Air Force officer Dude 44 Bravo evaded capture for days as the Iranian forces and the U.S. military searched for him.
In the early days of the war against Iran, the U.S. fired off thousands of long-range, precision-guided missiles. Now, with a depleted arsenal, the Pentagon seeks to replenish its stockpiles, an effort that will cost billions and take years.
The price of diesel has soared more than 60% over the last year, a surge energy experts say is likely to continue. Here's why.
The report comes at a pivotal moment for the Federal Reserve, which is scheduled to meet next week to decide whether to hike interest rates.
U.S. jets were hit by Iranian missiles while parked at a base in Jordan, sources tell CBS News, while Trump said the war will end "immediately" after midterms.
Friday's August CPI report could set the stage for the Federal Reserve's first interest rate hike in more than three years.
Oil prices are rising steadily with no end in sight to the U.S.-Iran standoff impeding tanker traffic in the Strait of Hormuz.
Iran on Sunday threatened a "more painful" response to U.S. strikes on three Iranian oil tankers.
Diesel hit a record of $5.85 a gallon Friday, eclipsing its prior mark of $5.81, set in June 2022.
