The True Cost of the Iran Conflict: What $37.5 Billion Means for the US
LiveSeventeen U.S. service members have been killed since the war in Iran began.Last Updated: July 21, 2026, 9:31 PM EDTPresident Donald Trump announced "major combat operations" against Iran on Feb. 28, with massive joint U.S.-Israeli strikes targeting military, government and infrastructure sites.Delegations from the U.S. and Iran entered negotiations in June aimed at a war-ending deal based on a memorandum of understanding signed by both countries.The U.S. and Iran have nonetheless continued to exchange strikes, with the strategic Strait of Hormuz the primary flashpoint.Key Headlines 32 minutes ago2 hours and 22 minutes ago2 hours and 37 minutes ago5:03 PM EDT4:32 PM EDT3:54 PM EDT12:33 PM EDTHere's how the news is developing. 32 minutes ago11th night of US strikes against Iran concludesU.S. forces concluded an 11th straight night of strikes targeting Iran, U.S. Central Command said in a statement. "CENTCOM assets targeted Iranian military operations centers, maritime capabilities, aircraft hangars, drone storage facilities, and military logistics infrastructure to further degrade Iran's ability to threaten commercial shipping in the Strait of Hormuz," the statement said.2 hours and 22 minutes agoUS striking Iran for 11th straight nightU.S. forces have started striking military targets in Iran for the 11th consecutive night, U.S. Central Command announced."The strikes are designed to continue degrading Iran's ability to threaten commercial shipping in the Strait of Hormuz," CENTCOM said.2 hours and 37 minutes ago3rd soldier believed to have been killed in Jordan attack identifiedThe Pentagon has identified the third service member who is believed to have been killed in the attack on a Jordan air base last week."Sgt. Angel S. Rampersad, 28, of Ozone Park, New York, is believed to have been killed in action on July 17, 2026, during an enemy attack at Muwaffaq Salti Air Base, Jordan," the Defense Department said in a statement. "The incident is under investigation. U.S. Central Command previously announced this Soldier as missing. The Soldier status was updated to a Duty Status–Whereabouts Unknown and is believed to be deceased."Pfc. Isabella Gonzales, 19, of Carrollton, Texas, and 1st Lt. Tyler Feehan, 25, of Ewa Beach, Hawaii, were also killed in the attack on the base, the Defense Department previously announced.3 hours and 51 minutes agoKuwait says it's defending against drone attacksKuwait's army said its air defenses are intercepting Iranian drone attacks. Iranian state media Fars said that the Ali Al Salem Base, which hosts U.S. troops, was targeted.
