Pentagon Seeks Additional $200 Billion for Ongoing Iran Conflict
Defense Secretary Pete Hegseth confirms the Pentagon's request for an extra $200 billion to fund military operations in Iran, amid escalating conflict and rising oil prices.
The Pentagon has requested an additional $200 billion to support ongoing military operations in Iran, Defense Secretary Pete Hegseth confirmed on Thursday. This request follows three weeks of intensified U.S. and Israeli airstrikes targeting Iranian military infrastructure.
Speaking at the Pentagon, Hegseth stated that the U.S. has struck over 7,000 targets across Iran. He indicated that Thursday's operations would be the most extensive to date, emphasizing the scale of the campaign.
Despite soaring oil prices and declining presidential approval ratings, Hegseth declined to provide a definitive timeline for the conflict's conclusion. He noted that the decision ultimately rests with President Donald Trump, who will determine when the objectives have been met.
The conflict has significantly impacted global energy markets, with Brent crude oil prices rising to $118 per barrel—a 60% increase—following Iranian missile attacks on energy infrastructure in Saudi Arabia, Qatar, and Kuwait. The U.S. has responded with extensive military operations, including airstrikes on Iranian positions and infrastructure.
The Pentagon's funding request is expected to face scrutiny in Congress, especially given the record $39 trillion national debt and the lack of formal authorization for the conflict. Lawmakers from both parties have expressed concerns about the scope and strategy of the military operations.