• About
  • Advertise
  • Privacy & Policy
  • Contact
HK Businesswire
  • Home
  • News
    • All
    • Business
    • Politics
    • PR Newswire
    • Science
    • World

    Blood loss a rising concern for mothers after births

    Wacom Unveils Wacom Art Pen 2: Next-Generation Pen with 360° Barrel Rotation for Digital Artists

    Wacom Unveils Wacom Art Pen 2: Next-Generation Pen with 360° Barrel Rotation for Digital Artists

    Perth Family Business Swan’s Professional Plumbing Crowned National Champion at 2026 Australian Small Business Champion Awards

    Innovent to Present Multiple Clinical and Preclinical Results of Mazdutide and Next-Generation Obesity & Metabolic Pipeline at the 2026 ADA Scientific Sessions

    Amity’s Singapore-Headquartered AI Research Center Wins Gold at Taiwan’s 2026 Best AI Awards

    Amity’s Singapore-Headquartered AI Research Center Wins Gold at Taiwan’s 2026 Best AI Awards

    Kelun-Biotech Receives Investigational New Drug Approval from CDE for SKB118, a PD-1 x VEGF Bispecific Antibody

    Kelun-Biotech Receives Investigational New Drug Approval from CDE for SKB118, a PD-1 x VEGF Bispecific Antibody

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • PR Newswire
  • Business
  • World
  • Entertainment
  • Sports
  • Tech
    • All
    • Apps
    • Gadget
    • Mobile
    • Startup

    Xiaomi Auto Delivers Over 30,000 Vehicles in April, SU7 Orders Surpass 70,000

    Lalamove Completes Cross-Harbor Drone Delivery Test in Hong Kong

    PwC Says AI Computing Power Reshaping Global Telecom Industry as China Leads Transformation

    Xiaomi Launches MiMo-V2.5 Global Open Source With Trillion-Token Incentive Program

    Alipay and Banma Launch AI-Enabled In-Car Payment Solution at Beijing Auto Show

    Xiaomi Showcases Record EV Deliveries and Teases High-Performance YU7 GT at Beijing Auto Show

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
  • Feature
No Result
View All Result
  • Home
  • News
    • All
    • Business
    • Politics
    • PR Newswire
    • Science
    • World

    Blood loss a rising concern for mothers after births

    Wacom Unveils Wacom Art Pen 2: Next-Generation Pen with 360° Barrel Rotation for Digital Artists

    Wacom Unveils Wacom Art Pen 2: Next-Generation Pen with 360° Barrel Rotation for Digital Artists

    Perth Family Business Swan’s Professional Plumbing Crowned National Champion at 2026 Australian Small Business Champion Awards

    Innovent to Present Multiple Clinical and Preclinical Results of Mazdutide and Next-Generation Obesity & Metabolic Pipeline at the 2026 ADA Scientific Sessions

    Amity’s Singapore-Headquartered AI Research Center Wins Gold at Taiwan’s 2026 Best AI Awards

    Amity’s Singapore-Headquartered AI Research Center Wins Gold at Taiwan’s 2026 Best AI Awards

    Kelun-Biotech Receives Investigational New Drug Approval from CDE for SKB118, a PD-1 x VEGF Bispecific Antibody

    Kelun-Biotech Receives Investigational New Drug Approval from CDE for SKB118, a PD-1 x VEGF Bispecific Antibody

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • PR Newswire
  • Business
  • World
  • Entertainment
  • Sports
  • Tech
    • All
    • Apps
    • Gadget
    • Mobile
    • Startup

    Xiaomi Auto Delivers Over 30,000 Vehicles in April, SU7 Orders Surpass 70,000

    Lalamove Completes Cross-Harbor Drone Delivery Test in Hong Kong

    PwC Says AI Computing Power Reshaping Global Telecom Industry as China Leads Transformation

    Xiaomi Launches MiMo-V2.5 Global Open Source With Trillion-Token Incentive Program

    Alipay and Banma Launch AI-Enabled In-Car Payment Solution at Beijing Auto Show

    Xiaomi Showcases Record EV Deliveries and Teases High-Performance YU7 GT at Beijing Auto Show

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
  • Feature
No Result
View All Result
HK Businesswire
No Result
View All Result
Home News

Pentagon says US cost of Iran war nearing US$29bn

Greta W. by Greta W.
13 May 2026
in News, World
0
0
SHARES
3
VIEWS
Share on FacebookShare on Twitter
The Pentagon said on Tuesday the cost of the war with Iran had climbed to nearly US$29 billion, as US President Donald Trump faced mounting scrutiny over the conflict and its impact on military readiness.

The new figure, revealed by the Defence Department during a budget hearing on Capitol Hill, is about US$4 billion higher than the estimate offered by Defence Secretary Pete Hegseth two weeks ago.

Hegseth and General Dan Caine, chairman of the Joint Chiefs of Staff, were testifying on a US$1.5 trillion budget request for 2027 alongside Pentagon finance chief Jules Hurst III when they were asked for an update on the war’s price tag.

“At the time of testimony… it was US$25 billion dollars,” Hurst told lawmakers, referring to Hegseth’s April 29 estimate.

“But the joint staff team and the comptroller team are constantly looking at that estimate, and so now we think it’s closer to 29,” he said – citing updated “repair and replacement of equipment costs” and broader operational expenses.

Pressed on when Congress would receive a fuller accounting of the war’s costs, Hegseth said the administration would request “whatever we think we need” separately from the main Pentagon budget, but did not say when that supplemental request would arrive.

The testimony came as a fragile US-Iran ceasefire appeared increasingly shaky, with Trump warning on Monday that the truce was on “life support” after rejecting Tehran’s latest peace proposal.

Democrats used the hearing to hammer the administration over both the ballooning cost of the war and what they described as a lack of transparency about US objectives.

“The question must be answered at the end – what have we accomplished and at what cost?” asked Rosa DeLauro, the top Democrat on the House Appropriations Committee.

Fellow Democrat Betty McCollum accused the Pentagon of a “consistent lack of transparency” and demanded more clarity about the administration’s long-term strategy before Congress approves additional funding.

The war has intensified concerns over rapidly depleting US weapons stockpiles after months of heavy missile and air-defence operations in the Middle East.

Hegseth dismissed warnings that the conflict had dangerously drained American munitions reserves.

“The munitions issue has been foolishly and unhelpfully overstated,” he said. “We know exactly what we have. We have plenty of what we need.”

Democratic Senator Mark Kelly warned over the weekend that inventories of Tomahawk missiles, Patriot interceptors and other advanced systems had been severely drawn down and could take years to replenish, potentially weakening US readiness in any future confrontation.

The hearings marked Hegseth’s first appearance on Capitol Hill since the White House formally notified Congress that hostilities launched by the United States and Israel against Iran on February 28 had “terminated.”

Democrats, backed by two Republicans, have repeatedly accused Trump of waging war without proper congressional authorisation. (AFP)

Tags: World
Greta W.

Greta W.

Read More

No More “Making Do” — LiberNovo Maxis Is Coming to Redefine the Ergonomic Chair Benchmark for Big & Tall Users

No More “Making Do” — LiberNovo Maxis Is Coming to Redefine the Ergonomic Chair Benchmark for Big & Tall Users

13 May 2026
New Study Finds 76% of Advertisers See Performance Gains from Agentic AI; 86% Would Allocate Up to a Quarter of Advertising Budget to the Open Web with the Right Agentic AI Solution

New Study Finds 76% of Advertisers See Performance Gains from Agentic AI; 86% Would Allocate Up to a Quarter of Advertising Budget to the Open Web with the Right Agentic AI Solution

13 May 2026
  • Trending
  • Comments
  • Latest
HD Hyundai Robotics Secures Order for Robotic Welding Solutions from Chouest Group, Establishing a Strategic Foothold for Global Smart Yard Expansion

HD Hyundai Robotics Secures Order for Robotic Welding Solutions from Chouest Group, Establishing a Strategic Foothold for Global Smart Yard Expansion

7 May 2026
Nona Biosciences Appoints Dr. Josh Xiao as Chief Scientific Officer to Advance Global Scientific Strategy and Innovation

Nona Biosciences Appoints Dr. Josh Xiao as Chief Scientific Officer to Advance Global Scientific Strategy and Innovation

7 May 2026

Hong Kong Montessori School Faces Police Investigation Over Alleged Child Abuse

8 May 2026

HK institutions affected by Canvas cyberattack

8 May 2026

Blood loss a rising concern for mothers after births

13 May 2026
Wacom Unveils Wacom Art Pen 2: Next-Generation Pen with 360° Barrel Rotation for Digital Artists

Wacom Unveils Wacom Art Pen 2: Next-Generation Pen with 360° Barrel Rotation for Digital Artists

13 May 2026

Ex-NBA player Jason Collins dies of brain cancer at 47

13 May 2026

Perth Family Business Swan’s Professional Plumbing Crowned National Champion at 2026 Australian Small Business Champion Awards

13 May 2026

Recent News

Blood loss a rising concern for mothers after births

13 May 2026
Wacom Unveils Wacom Art Pen 2: Next-Generation Pen with 360° Barrel Rotation for Digital Artists

Wacom Unveils Wacom Art Pen 2: Next-Generation Pen with 360° Barrel Rotation for Digital Artists

13 May 2026

Ex-NBA player Jason Collins dies of brain cancer at 47

13 May 2026

Perth Family Business Swan’s Professional Plumbing Crowned National Champion at 2026 Australian Small Business Champion Awards

13 May 2026
HK Businesswire

Stay ahead with the latest insights on Hong Kong’s economy, finance, and investments. From market trends to policy updates, we bring you in-depth analysis and expert opinions.

📩 Subscribe to our newsletter for exclusive updates.
📍 Follow us on social media for real-time news.
📧 Contact us: info@hongkong-invest.com

Follow Us

  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2025 by HKBusinesswire.com

No Result
View All Result

© 2025 by HKBusinesswire.com