Karachi (Rafiq Mangat): The ongoing conflict with Iran has cost the US Treasury a staggering $10.35 billion (approximately Rs 28.94 trillion) in just 10 days, with the initial 2 days accounting for $5.6 billion (Rs 15.65 trillion) worth of ammunition.
Reports indicate the US is spending an average of $1.43 billion (Rs 4 trillion) daily on the conflict. The US has used over 2,000 precision-guided munitions, including Tomahawk missiles costing $2 million (Rs 560 million) each, targeting over 5,000 sites.
Daily costs include $59 million (Rs 16.5 billion) for military transport and $15 million (Rs 4.19 billion) for US naval fleets in the region. Iranian counterattacks have destroyed $1.1 billion (Rs 3.07 trillion) worth of US assets, including a radar system in Qatar and three F-15 jets in Kuwait, and downed four MQ-9 Reaper drones, totaling $2.55 billion (Rs 7.13 trillion) in damages.
The conflict’s impact on the global economy is significant, with $3.5 trillion (Rs 9687 trillion) wiped off global financial markets in just a week, pushing total losses to $5.7 trillion (Rs 15938 trillion).
Defense experts warn that if the trend continues, costs could reach $43 billion (Rs 120 trillion) in 30 days and $259 billion (Rs 724 trillion) in six months.
