US Says Iran War Cost at $37.5 Billion

US Secretary of Defense Pete Hegseth testifies during a Senate Appropriations Committee hearing in the Dirksen Senate Office Building on Capitol Hill on July 21, 2026 in Washington, DC. (Getty Images/AFP)
US Secretary of Defense Pete Hegseth testifies during a Senate Appropriations Committee hearing in the Dirksen Senate Office Building on Capitol Hill on July 21, 2026 in Washington, DC. (Getty Images/AFP)
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US Says Iran War Cost at $37.5 Billion

US Secretary of Defense Pete Hegseth testifies during a Senate Appropriations Committee hearing in the Dirksen Senate Office Building on Capitol Hill on July 21, 2026 in Washington, DC. (Getty Images/AFP)
US Secretary of Defense Pete Hegseth testifies during a Senate Appropriations Committee hearing in the Dirksen Senate Office Building on Capitol Hill on July 21, 2026 in Washington, DC. (Getty Images/AFP)

Fresh US strikes triggered air defenses in Tehran on Wednesday after President Donald Trump warned he was "not finished" with a war with Iran that has already cost his nation $37.5 billion.

After the foes' fighting over the strategic Strait of Hormuz led to the collapse of a preliminary deal, the Middle East war has expanded to include the region's other key chokepoint for global oil supplies.

The US military said its latest attacks hit targets such as "military logistics infrastructure", while Iranian state media reported strikes around the country, including Bushehr, which hosts a nuclear power plant.

"News sources reported minutes ago that air defense activity was heard in the west, east and northeast of Tehran," state TV posted on Telegram.

As the war nears the five-month mark and November legislative elections approach, Trump has faced intense political pressure to end the conflict, which is unpopular even with segments of his base.

Critics have pointed to the cost of the war that Pentagon Chief Pete Hegseth said Tuesday had soared to $37.5 billion, defending a request for tens of billions in additional funding for the military.

The US military said Tuesday it had launched an eleventh consecutive night of strikes against Iran, saying it targeted military sites to "further degrade Iran's ability to threaten commercial shipping in the Strait of Hormuz.

Trump said Tuesday that the next US target could be an underground complex known as Pickaxe Mountain, a subterranean nuclear site near Natanz where Western intelligence suspects Iran is building an undeclared enrichment facility.

Iran threatened reprisals, with the Khatam Al-Anbiya military command saying it would "consider it as an expansion of war in the region" if such an attack were carried out, threatening strikes on "all the interests of America, the allies and supporters", state-run broadcaster IRIB reported.

Two weeks after fighting resumed between the decades-old foes, Trump said Iran would need more than 20 years to recover from the damage inflicted in the Middle East war.

"If we left right now, it would take Iran 20, 25 years to rebuild," he said. "We're not finished at all... we're not leaving right now.

Kuwait's army said Wednesday its air defenses were engaging with drone attacks from Iran, the latest round of Tehran's reprisals.

Bahrain said Tuesday it intercepted Iranian attacks as sirens sounded repeatedly, while Kuwait and Jordan said they had intercepted drone and missile strikes.

Despite the fighting, Iranian foreign ministry spokesman Esmaeil Baqaei said diplomatic exchanges with Washington through mediators were continuing.

Mediator Pakistan's Prime Minister Shehbaz Sharif called for restraint during a meeting with Iran's Interior Minister Eskandar Momeni.

Sharif urged all sides to "refrain from actions that could further destabilize the region", his office said.



Two Men Re-Arrested for Suspected Spying for Iran in Airbase Scare

A B‑1B Lancer bomber arrives at RAF Fairford airbase in Fairford, Gloucestershire, Britain, September 29, 2026. (Reuters)
A B‑1B Lancer bomber arrives at RAF Fairford airbase in Fairford, Gloucestershire, Britain, September 29, 2026. (Reuters)
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Two Men Re-Arrested for Suspected Spying for Iran in Airbase Scare

A B‑1B Lancer bomber arrives at RAF Fairford airbase in Fairford, Gloucestershire, Britain, September 29, 2026. (Reuters)
A B‑1B Lancer bomber arrives at RAF Fairford airbase in Fairford, Gloucestershire, Britain, September 29, 2026. (Reuters)

British police said on Tuesday they had re-arrested two men on suspicion of assisting Iranian intelligence as part of their investigation into activity at the RAF Fairford air base ‌last month. 

Counter ‌Terrorism Policing said ‌in ⁠a statement that ⁠they had re-arrested a 24-year-old British national, who was initially arrested outside the military base in southwest England in the early hours ⁠of September 27. 

Police said ‌they ‌had also arrested a 25-year-old British-Iranian ‌dual national who had ‌previously been arrested in London. 

Assistant Commissioner Laurence Taylor, Head of National Counter Terrorism Policing in the ‌UK, said in a statement, "we consider it highly likely ⁠that ⁠there is Iranian state involvement." 

British Prime Minister Andy Burnham last week said that the activity at RAF Fairford, which had been used by US bombers to carry out strikes on Iran, was likely to have been coordinated in Iran. 


IRGC: 2 Tankers Hit Mines, Set Ablaze South of Hormuz

FILED - 27 December 2011, ---, --: FILE PHOTO - A satellite picture provided by the National Aeronautics and Space Administration (NASA), shows the Arabian Gulf, the Strait of Hormuz, and the Gulf of Oman. Photo: -/The Visible Earth/NASA/dpa
FILED - 27 December 2011, ---, --: FILE PHOTO - A satellite picture provided by the National Aeronautics and Space Administration (NASA), shows the Arabian Gulf, the Strait of Hormuz, and the Gulf of Oman. Photo: -/The Visible Earth/NASA/dpa
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IRGC: 2 Tankers Hit Mines, Set Ablaze South of Hormuz

FILED - 27 December 2011, ---, --: FILE PHOTO - A satellite picture provided by the National Aeronautics and Space Administration (NASA), shows the Arabian Gulf, the Strait of Hormuz, and the Gulf of Oman. Photo: -/The Visible Earth/NASA/dpa
FILED - 27 December 2011, ---, --: FILE PHOTO - A satellite picture provided by the National Aeronautics and Space Administration (NASA), shows the Arabian Gulf, the Strait of Hormuz, and the Gulf of Oman. Photo: -/The Visible Earth/NASA/dpa

Two tankers were set ablaze and brought to a halt south of the Strait of ⁠Hormuz after hitting Iranian ⁠mines, the Revolutionary Guards' Navy said ⁠in a statement shared by state media on Tuesday, without saying when the tankers were hit.

The statement also ⁠said a ⁠US drone was downed by Iran on Monday night.

Diplomatic efforts between Iran and the United States have stalled over issues including the future of the Strait of Hormuz.

On Monday, Iranian Foreign Minister Abbas Araghchi said Washington was responsible for insecurity in the strait, usually a key transport route for oil and gas but which Iran has sought to blockade during the war launched by the US and Israel in February.

Pakistan has played a key mediating role in the so far unsuccessful attempts to end the war. In June, it helped broker a short-lived memorandum of understanding, which Tehran insists should still form the basis of any peace deal.


Police Charge Driver with Intentionally Causing Serious Injury to Australian Federal Lawmaker

A TV crew works in front of a portrait of Australian politician Helen Haines (C) outside her office in the northern regional city of Wangaratta, about 250 kilometres north-east of Melbourne on October 20, 2026. (Photo by William WEST / AFP)
A TV crew works in front of a portrait of Australian politician Helen Haines (C) outside her office in the northern regional city of Wangaratta, about 250 kilometres north-east of Melbourne on October 20, 2026. (Photo by William WEST / AFP)
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Police Charge Driver with Intentionally Causing Serious Injury to Australian Federal Lawmaker

A TV crew works in front of a portrait of Australian politician Helen Haines (C) outside her office in the northern regional city of Wangaratta, about 250 kilometres north-east of Melbourne on October 20, 2026. (Photo by William WEST / AFP)
A TV crew works in front of a portrait of Australian politician Helen Haines (C) outside her office in the northern regional city of Wangaratta, about 250 kilometres north-east of Melbourne on October 20, 2026. (Photo by William WEST / AFP)

Police on Tuesday charged a driver with intentionally causing serious injury to an Australian federal lawmaker who is a critical condition after being struck by a car.

A police statement said Brendan Nugent, 43, was charged with intentionally causing serious injury, dangerous driving causing serious injury and causing harm to a federal official.

Helen Haines, a 65-year-old independent politician, was in hospital in a critical but stable condition after being struck by a car outside her office in the city of Wangaratta in Victorian state on Monday, police said.

Prime Minister Anthony Albanese praised a barber who helped restrain the driver.

Haines was struck by a Toyota Land Cruiser SUV.

The incident shocked Australians as political violence is rare there and politicians have always been accessible to the public. Most lawmakers are not accompanied by security officers and go about their work and personal lives on their own.

The suspect’s father, Rod Nugent, released a statement Tuesday describing Haines as a “deeply respected, valued and much loved member of our local community.”

“Helen has been our friend for more than 20 years and what happened to her yesterday is devastating and unfathomable,” the father said.

Haines’s family released a statement expressing thanks for the “swift assistance of bystanders” as well as health workers and police.

Haines, who was first elected to Parliament in 2019 and had been reelected twice since, was initially taken to a hospital in Wangaratta, a city of 30,000 people. She was airlifted later on Monday to a hospital in the state capital, Melbourne, 236 kilometers away.