The U.S. military has spent more than $47 billion on its war against Iran, with replacing expended weapons and ammunition accounting for the largest portion of the bill, according to Pentagon figures reviewed by Reuters. The latest estimate represents an increase of more than 25% from the Defense Department’s previous assessment in July.

More than $29 billion has gone toward replacing munitions used during the conflict, while another $6 billion has been allocated to replacing military equipment. The figures highlight the substantial resources required to sustain the campaign and replenish weapons inventories after extended combat operations.

An October 16 assessment by U.S. Central Command, which was shared with Congress and obtained by The Hill, also identified nearly $12 billion in additional military operating expenses. The Air Force accounted for approximately $7.6 billion of those costs, including expenses associated with deployed personnel, airlift operations, regional bases, communications, and transportation.

The reported figures do not clearly account for the full cost of repairing American military installations damaged by Iranian missile and drone attacks. Those expenses could add to the overall financial burden as the Pentagon continues assessing the consequences of the conflict.

The spending comes as Trump weighs whether to authorize additional military action against Iran following the midterm elections. U.S. Central Command has developed options for further strikes against Iranian targets if the White House decides to resume or expand attacks, according to previous reporting by The Hill.

Despite the mounting costs and the possibility of additional operations, Trump predicted Tuesday that the conflict would end soon. Speaking at a rally in Corpus Christi, Texas, the president also said the United States was “making an absolute fortune because of the situation” in the Middle East.

The war, which began in February, has disrupted energy markets and contributed to economic uncertainty. Higher energy costs can affect transportation, manufacturing and household budgets, adding another financial dimension to the military campaign.

Moody’s Analytics estimates that the conflict has cost the average American household approximately $2,000 so far. The figure underscores how a war fought overseas can have consequences for Americans at home through energy prices and broader economic pressures.

With military expenditures continuing to rise, the administration faces decisions about the scope and duration of future operations, while the Pentagon must account for weapons replacement, equipment losses, and the continuing costs of maintaining American forces in the region.