Washington, March 15 (SANA) The ongoing conflict involving the United States, Israel and Iran is driving military spending to unprecedented levels, with daily war costs estimated at more than $1 billion, while Israel faces a growing shortage of interceptor missiles, analysts say.
The rising expenses are placing increasing pressure on defense budgets and regional stability, while also affecting global energy markets.
U.S. War Costs Near $20 Billion
According to the “Iran Cost Ticker,” cited by CNBC Arabia, U.S. military operations against Iran have already cost nearly $20 billion.
Pentagon briefings indicated that $11.3 billion was spent during the first six days of the conflict, with daily costs continuing at roughly $1 billion. Real-time estimates suggest spending is equivalent to more than $11,000 per second, with costs likely to rise alongside higher fuel prices.
Despite the high expenditures, several sectors of the U.S. economy have benefited. Shares in defense and energy companies have risen since the start of the conflict, including Lockheed Martin, whose stock climbed about 4%, and RTX, the manufacturer of Patriot missile systems. Stocks of major oil and shale companies have also gained between 1% and 10%.
Israel Boosts Military Spending
Israel has increased defense spending to cover the costs of the war, while economic losses linked to the conflict are estimated at $3 billion per week due to disruptions in business activity.
The government is expected to require an additional $13 billion to sustain military operations. Prime Minister Benjamin Netanyahu has announced plans for a “special budget” to finance the war effort and maintain military readiness.
Shortage of Interceptor Missiles
U.S. news outlet Semaphore reported that Israel is facing a significant shortage of ballistic missile interceptors amid continued attacks from Iran and Hezbollah.
Long-range missile defense systems have come under increasing pressure as Iran reportedly incorporates cluster munitions into its missile arsenal.
A U.S. official told the outlet that while Washington currently has enough interceptors to protect its forces and bases in the region, Israel is actively seeking solutions to address its shortage.
Global Economic Impact
As the conflict enters its third week, diplomatic efforts to end the fighting have yet to produce results.
Analysts warn that rising military spending and escalating hostilities could have far-reaching economic and strategic consequences, with global energy markets already showing signs of strain.K.A.A
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