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Home > Latest

Lates News

date
22/06/2026
According to Iranian officials on the 21st local time, a member of the Iranian negotiation team revealed that the draft concerning exemptions for Iranian oil sanctions has been finalized and added that the exemptions will be announced soon. The administrative procedures for unfreezing Iran's frozen funds have been carried out with the participation of a Qatari delegation. (CCTV News)
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According to CNN, Mark Cancian, a senior advisor at the Center for Strategic and International Studies (CSIS), stated that a preliminary analysis to be released by CSIS shows that the Iran war has cost the U.S. Department of Defense about $40 billion. This figure includes expenses such as ammunition consumption, equipment damage, and base repair costs, but does not include the regular operational expenses exceeding $1 trillion in the Department of Defense's 2026 fiscal year budget. Despite the Department of Defense bearing the majority of expenses, the conflict has also incurred about $1 billion in costs for other agencies such as the Department of Homeland Security and the Department of Veterans Affairs. For consumers, the price of gasoline in the U.S. has increased from an average of less than $3 per gallon nationwide to over $4 per gallon for most of the war. According to tracking data from Brown University on energy costs, if this war had not occurred, the average American household would have saved over $253 in expenses. The current rate of inflation has exceeded the average wage growth rate for Americans, meaning that in April and May, inflation has "eaten up" any salary increases. This is the first time this has happened since 2023.
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