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Iran war’s soaring costs raise global escalation fears

Photo — Nothing Ahead / Pexels

Iran’s ongoing war is now estimated to have cost around $38 billion, with projections that expenses will grow by roughly $3 billion every month, highlighting the conflict’s deepening economic and geopolitical impact.[14] The mounting cost is being closely watched by governments and markets as it intersects with rising oil prices and concerns over a broader regional and global instability.[7][14]