The Congressional Budget Office (CBO) released a report on Tuesday outlining the potential economic consequences of a U.S. war with Iran. According to the nonpartisan agency, the conflict is expected to exert upward pressure on inflation beginning early next year. The report further projects that the military operation would require a minimum expenditure of $2 billion each month for the duration of the engagement.

While the report focuses on the fiscal and macroeconomic outlook, it highlights that these costs are tied directly to the intensity and length of the military involvement. The CBO’s analysis serves as a baseline for lawmakers to consider the financial implications of current foreign policy decisions. As the situation remains fluid, the report notes that these figures represent estimates based on current projections of military resource allocation and global market reactions to regional instability. No other major economic agencies have released competing figures at this time, though the CBO's findings are intended to provide a nonpartisan framework for evaluating the budgetary impact of the conflict.