Cost of Iran War to US Economy Reaches $265 Billion

Mark Zandi, chief economist at Moody's Analytics, estimates that the war against Iran over the past eight months has imposed nearly $2,000 in additional costs on each American household and inflicted a total of $265 billion in damage on the U.S. economy.

Mark Zandi, chief economist at Moody's Analytics, estimated that the war against Iran has cost every American household nearly $2,000 more over the past eight months, costing the U.S. economy a total of $265 billion.