The economic cost of the United States' military operations against Iran has reached $40 billion, according to a new assessment by CNN.
The figure emerges as diplomatic channels between Washington and Tehran work to finalize a preliminary agreement intended to end the hostilities.
The $40 billion toll represents the preliminary economic impact of the conflict to date.
The assessment highlights the substantial financial burden of the conflict, contrasting sharply with recent political rhetoric.
While former President Donald Trump recently declared victory in the campaign, boasting on social media that oil prices were dropping and Iran was denied nuclear capabilities, the underlying economic data points to a significant fiscal drain on the US.
The $40 billion toll represents the preliminary economic impact of the conflict to date.
As the preliminary peace agreement takes shape, markets are likely to focus on the durability of the ceasefire and the subsequent normalization of energy flows.