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$25bn or $1 trillion: How much has Iran war really cost the US?

ceasefire came into effect. For context, the US fired more Patriot missiles in the first four days of the Iran war than it supplied to Ukraine over the past four years. Each of those missiles

Iran war: What’s happening on day 63 as Trump signals possible attacks

drones, Iran’s Tasnim and Fars news agencies reported. - **Iran accustomed to harsher sanctions:** Analysts say Tehran entered the blockade prepared, with oil stockpiled at sea, high prices cushioning the impact, and a large domestic

The Iran war has strengthened Ukraine in surprising ways. Could a ceasefire with Russia be closer?

drone strikes on energy-producing infrastructure reduced Russia's earnings by $1 billion, eradicating around two-thirds of the previous week's gains. Another plus for Ukraine from the Iran war fallout has been finally

Why and how is US blockading Iranian ports in Strait of Hormuz?

ceasefire collapses, full-scale war breaks out again between the US and Iran, also impacting places like Dubai, Bahrain, Kuwait and Saudi Arabia The US Navy Commander's handbook on naval operations law from

Could the US-Iran war become a protracted ‘frozen’ conflict?

strikes alone cannot achieve”, Williams said. For its part, Iran is aware of the US’s military superiority and has opted for leveraging the Strait of Hormuz until the US decides that a negotiated settlement

Can historic Israel-Lebanon talks lead to ceasefire?

drones towards a missile defence site near Haifa in northern Israel on March 2, in response to the killing of Iran’s Supreme Leader [Ayatollah Ali Khamenei](/news/2026/2/28/ayatollah-ali-khamenei-the-leader-who-shaped-irans-defiance) in the first strikes on Tehran

Why are anti-war protests in the West muted on Iran?

ceasefire between Washington and Tehran is threatened because of Israel’s air strikes on Lebanon, which have killed more than 1,300 people, and its invasion of southern Lebanon. Opinion polls in the US

Two wins, two losses: What India, Pakistan have learned a year after war

drones, cyber capabilities, and satellite-guided systems,” he said. Faisal put the doctrinal implications more directly. “Deep strikes into Lahore, Karachi, and Rawalpindi demonstrate that ‘geographic immunity’ has eroded,” he said. “Doctrinally, Pakistan’s military

‘A stress test’: US-Germany rift widens as Iran-war drags on

impact may be limited. More consequential, analysts say, could be a separate decision to cancel plans to station long-range weapons systems in Germany. On Monday, the German defence ministry said there had been

Iran’s currency falls to new low as US blockade, sanctions impact trade

ceasefire began. Iran’s authorities this week projected [a hardened stance](/news/2026/4/25/irans-authorities-project-hardened-stance-with-more-talks-on-horizon) on negotiations with Washington, and pledged to fight the naval blockade of Iran’s southern waters, which the US Central Command insisted

Wednesday briefing: How Trump’s attempt to reopen to strait of Hormuz brought war closer again

strikes on the UAE and then an expression of regret.” Markets were unconvinced by the move from Trump, with oil hovering about $115 a barrel. The Taco trade (“[Trump always chickens out](https://www.theguardian.com/us-news/2025/may/29/trump-always-chickens-out-taco-investors-narrative)

Turkiye unveils its first intercontinental ballistic missile: What we know

ceasefires” reached in Lebanon and the Gaza Strip. In March, when Iran was retaliating against the US-Israeli strikes by attacking US military assets and infrastructure in the Middle East, Ankara [reported](/news/2026/3/18/turkiye-says-nato-bringing-in-more-defences-after-missile-interceptions#:~:text=NATO