The US war with Iran can have serious consequences, and amongst those are major financial strains on the American economy.
As reported by financial experts, the current war could cost the US economy a staggering amount of money that ranges between $50 billion and $210 billion, with a current estimate of nearly $115 billion, depending on how long the war lasts and how severe it becomes.
One major cost linked to the war is the disruption caused to global energy markets. Tensions in the Middle East have already caused the prices to rise, and that, in turn, pushes up gasoline prices for American consumers.
Higher fuel prices could give rise to higher transportation and production costs across different industries, contributing to inflation and slowing economic growth.
The current war would also entail large direct military expenses. Analysts estimated that military operations alone might cost nearly $65 billion, including the cost of deploying forces, making use of advanced weapons, and replacing equipment.