The recent 12-day conflict has concluded, with Israel claiming its objective of dismantling Iran’s nuclear facilities as achieved. The United States also highlighted its role in ending the war through mediation and direct action against Iranian nuclear infrastructure. Now, all involved parties are assessing the economic damage. The war has resulted in significant financial losses for all. Iran, Israel, and the United States are now facing the repercussions, including military asset losses, casualties, and the impact of aerial strikes. Iran suffered the most severe blow, dealing a significant setback to its economic growth. The war has cost Iran between $24–$35 billion, equivalent to 6.3 – 9.2% of its estimated $380 billion GDP. Israel estimates its damages at $3 billion, with the potential for the final cost to be much higher. The US, in its Operation Midnight Hammer, incurred costs between $1-$2 billion. The Israeli government is planning spending cuts, tax increases, and increased borrowing to offset the financial burden.
