ConflictClarifier

2026 Iran-Gulf Crisis Tracker
CC
Events Archive
strikeSep 15, 2026

Operation Epic Fury: IG report reveals $33B war costs, loss of multiple F-15E Strike Eagles, and diplomatic strain

Summary

Now, the first comprehensive quarterly report by the Lead Inspector General delivered to the US Congress reveals the staggering scale, financial cost, and operational strain of the four-month military conflict. Even after pounding Iran for several months and using almost the entire range of conventional weapons at its disposal, the US armed forces are nowhere closer to achieving a victory. According to the oversight report, more than 50,000 US Service members have been deployed across the US Central Command area of responsibility, supported by two aircraft carrier strike groups, advanced fighter squadrons, and air defense batteries. US forces carried out approximately 36,000 combat sorties and executed over 1,800 fire missions, striking roughly 13,500 Iranian targets during the major combat phase alone. The total financial toll for the Department of War reached an estimated $33.4 billion as of June 29. That figure includes $22.3 billion in expended munitions, $7.4 billion in direct operational obligations, and $3.7 billion in replacement costs for damaged or lost military equipment. With costs rapidly escalating, the White House submitted an $87.6 billion emergency supplemental funding request to Congress on June 24, including $67.1 billion dedicated to the Department of War and $3.362 billion for the Department of State. American casualties and munitions shortfallsThe human toll of the operation has been severe for American service members and their families. The Department of War reported that between February 28 and June 30, seven US Service members were killed in action and seven died in non-hostile incidents, while 417 service members were wounded in action. Four additional American service members were killed in action during combat operations in July 2026. Fatal incidents detailed in the report include a March 1 strike in Port Shuaiba, Kuwait, that killed six American troops, a March 12 crash of a KC-135 refueling aircraft in Iraq that claimed six lives, and July attacks on US bases in Jordan and Iraq. The extraordinary intensity of the air campaign has also severely depleted critical US munitions stockpiles, creating strategic inventory shortfalls. The Pentagon’s Office of the Under Secretary for Acquisition and Sustainment warned of persistent defense industrial base chokepoints, particularly in the production of solid rocket motors, high-grade explosives, propellants, and skilled manufacturing labor. Defense officials noted that expanding domestic production capacity requires significant lead time, even as the administration attempts to accelerate active manufacturing lines and streamline procurement. Severe loss and damage to American combat aircraft and base infrastructure In addition to personnel casualties, American forces suffered extensive damage to military hardware and forward basing infrastructure. Iranian missile, drone, and proxy attacks damaged or destroyed hundreds of buildings across US facilities in Kuwait, Bahrain, Qatar, UAE, Saudi Arabia, Iraq, Oman, and Jordan. Dozens of US aircraft were lost or damaged during combat operations. Combat losses included four F-15E Strike Eagles, three destroyed in friendly fire incidents and one by enemy fire. One F-35A Joint Strike Fighter was damaged by Iranian air defenses over Iran. The US Air Force also saw seven KC-135 refueling tankers damaged or destroyed, including five caught on the ground during attacks in Saudi Arabia and two involved in a mid-air collision over Iraq. Other aircraft losses detailed in the report include an A-10 attack jet jettisoned after a combat search-and-rescue mission, an E-3 AWACS early-warning aircraft damaged on the ground in Saudi Arabia, an AH-64 Apache shot down over the Strait of Hormuz, and four AH-6 helicopters intentionally destroyed by US forces to prevent capture. Furthermore, congressional records indicate that as many as 30 MQ-9 Reaper drones were destroyed across various operational scenarios. Embassy attacks, evacuations, and diplomatic disruptionThe conflict unleashed severe repercussions across the US diplomatic network in the Middle East. Iranian strikes inflicted physical damage on US embassies, consulates, and diplomatic compounds in four nations including Iraq, Kuwait, Saudi Arabia, and the United Arab Emirates, with total repair costs estimated at $183.7 million. Mission Iraq sustained the heaviest damage, incurring $157.35 million in physical destruction across more than 600 separate attacks during the reporting period. In Saudi Arabia, two Iranian one-way attack drones struck the US Embassy in Riyadh on March 3, prompting shelter-in-place orders across diplomatic posts in Riyadh, Jeddah, and Dhahran. The US Embassy in Kuwait City suspended operations on March 5 following strikes, only reopening limited emergency services in late June. To safeguard American lives, the Department of State executed a massive crisis response, directly organizing the departure of approximately 9,000 private US citizens. The US chartered 56 evacuation flights alongside ground transport buses across the region at a cost of $11.6 million. Concurrently, up to 3,500 US diplomatic personnel and family members across 12 regional missions were placed on authorized or ordered departure status. Economic Fury and $44 billion in regional arms dealsComplementing kinetic strikes, the US government launched "Operation Economic Fury," an aggressive financial campaign designed to cripple Tehran’s ability to fund its military and regional terror proxies. Between January and June, the Departments of State and Treasury designated or blocked more than 1,000 individuals, foreign entities, and maritime vessels. Sanctions targeted Iran's covert "shadow fleet" of oil tankers, illegal oil-for-gold networks, shadow banking facilitators, and satellite imagery providers enabling strikes on American forces. To fortify regional allies targeted by Iranian retaliatory strikes, Secretary of State Marco Rubio invoked emergency powers under the Arms Export Control Act three times to bypass standard congressional review. These emergency determinations expedited $25.32 billion in defense transfers, contributing to a total of $44.51 billion in approved emergency and non-emergency arms sales to Middle Eastern partners between January and June. Major buyers included Saudi Arabia ($12 billion for Patriot missiles and F-15 sustainment), Kuwait ($10.74 billion for air defense radars and command systems), the UAE ($8.61 billion), Israel ($7.81 billion), and Qatar ($5 billion). Unraveling ceasefire and an uncertain road aheadDiplomatic efforts to halt the conflict have faced profound setbacks. Although the US announced a temporary ceasefire on April 7 and signed the "Islamabad Memorandum of Understanding" on June 17 mediated by Pakistan, negotiations quickly broke down over maritime transit rules in the Strait of Hormuz and Iran’s nuclear program. Following Iranian strikes on commercial cargo ships in late June and early July, President Trump declared the memorandum "over" on July 8. US Central Command subsequently resumed daily air strikes against Iranian targets and reinstated its naval blockade of Iranian ports. As combat operations continue, oversight officials from the Department of War, State Department, and USAID stress that dedicated supplemental appropriations are urgently required to prevent severe funding shortfalls that could impact troop pay, global military readiness, and vital national security operations. (You can now subscribe to our Economic Times WhatsApp channel) (Catch all the US News, UK News, Canada News, International Breaking News Events, and Latest News Updates on The Economic Times.) Download The Economic Times News App to get Daily International News Updates. (You can now subscribe to our Economic Times WhatsApp channel) (Catch all the US News, UK News, Canada News, International Breaking News Events, and Latest News Updates on The Economic Times.) Download The Economic Times News App to get Daily International News Updates. Explore More Stories Psychology says people who keep a bald look may be revealing more than you think - The fascinating reasons some people embrace baldness, including confidence, authenticity, practicality and individuality, and what their appearance choices may suggest about personality, social confidence and how they feel about changing expectations around appearance

Actors involved

USIsraelIranProxy

Sources

  • CurrentsAPI

    Now, the first comprehensive quarterly report by the Lead Inspector General delivered to the US Congress reveals the staggering scale, financial cost, and operational strain of the four-month military conflict. Even after pounding Iran for several months and using almost the enti

See this event through different lenses

Compare how Western, Iranian, Israeli, Global South, and Pro-Peace perspectives frame this event.

Compare Perspectives

Community Notes

Community Notes

Loading notes...

Related events

strikeUnverifiedUSIsraelIranChina
1 source

US defense chiefs warn of munitions shortfall over Iran war President Donald Trump’s ‘Operation Epic Fury’ assault on Iran has cost $33.4 billion and has resulted in a strategic missile shortage, the Department of Defense’s inspector general finds President Donald Trump’s “Operation Epic Fury” assault on Iran cost $33.

4 billion in its first four months and has resulted in a munitions shortfall, according to a report by the Department of Defense’s inspector general. The 44-page report to Congress states that, between February 28 and June 30, the joint U.S.-Israeli attack on Iran saw the Trump administration spend $22.

3 billion on munitions alone. The onslaught “has resulted in strategic inventory shortfalls and revealed industrial base bottlenecks for munitions resupply,” Inspector General Platte B Moring III concludes. His report also lists the damage done to American military assets by Tehran’s retaliatory strikes, listing four F-15Es and and up to 30 MQ-9 Reaper drones as destroyed and one F-35A, seven KC-135 tanker aircraft and seven helicopters as damaged.

The F-35A plane is the first of its type to be compromised by enemy fire, according to CNBC, and would cost $92 million to replace. An F-15E, meanwhile, costs $31.1 million to produce, U.S. Air Force data indicates, putting the pricetag for replacing four at $124.

4 million. The U.S. also spent $79.2 million responding to emergencies arising from the conflict “such as evacuation-related expenses for State personnel and their family members, U.S. citizens, and eligible third-country nationals.” Damage done to U.

S. diplomatic premises in Iraq, Kuwait, Saudi Arabia and the U.A.E. add another $184 million to the bill. Even further expense was incurred by Iranian strikes on military buildings and infrastructure in the U.S.-allied Gulf states of Kuwait, Bahrain, Qatar, UAE, Saudi Arabia, Iraq, Oman and Jordan, although no cost is calculated in the report as it is not yet clear whether they will be restored and who would pay for the work.

The Independent has reached out to the Pentagon for comment. Mark Cancian of the Center for Strategic and International Studies was asked by CBS News, in response to the report’s findings, whether he believed the U.S. still had a sufficient supply of munitions to call upon.

“For a war against Iran, the answer is yes,” he answered. “The problem is a war against China. We might be able to provide enough munitions for a month, but getting on to month two or month three or four, that’s a great challenge.” Trump himself has repeatedly insisted the U.

S. has no munitions supply issues but was angered when it was reported in early August that he had confronted Defense Secretary Pete Hegseth over the matter at Camp David in Maryland, reportedly saying he thought the problem “had been fixed.” The president took to Truth Social in anger over the story, threatening the “leakers” who spoke to the press with jail.

Reuters reported around the same time that the U.S. Army had significantly depleted its stockpile of long-range missiles, using up “virtually all” of its crucial surface-to-surface weapons. Trump was back on his social media platform Monday to claim: “The United States is producing more Exquisite and Elite Weapons than at any time in our History.

“They are being delivered on a daily basis to our Forces in the Middle East, and beyond. Our Defense Company Factories are moving 24/7, while at the same time building, on average, 4 to 5 largescale brand new Plants, each! “A primary focus of this production has been Patriots, THAAD Systems, Tomahawks, and other Standard Missile Systems, of which we already have large numbers in stock.

” His unpopular war has rumbled on for another 10 weeks since the period documented by the report and shows no obvious sign of coming to an end even now, although Trump has said he is “open” to negotiations with Iran while stressing the final decision rests with him.

At least 18 U.S. soldiers have been killed and more than 750 service members injured in the conflict.

strikeUnverifiedUSIsraelIranProxyChina
1 source

Unverified reports indicate that Houthi attacks have disrupted a major Saudi Arabian oil pipeline, with officials estimating the damage may leave up to 7 million barrels per day offline for three to five weeks, alongside claims that Houthi forces have secured strategic positions in the Bab-al-Mandab Strait.

Concurrently, Israeli officials have announced a "massive victory" against Hezbollah in Lebanon, though independent verification of the scale of this operation is pending.

Location: Israel
strikeUnverifiedUSIsraelIranProxyUN
1 source

Saudi Arabia vows to respond 'firmly' to Houthi attacks Houthi strikes on Saudi infrastructure have prompted more than 50 strikes by Riyadh as hostilities escalated. SANAA, Yemen: Saudi Arabia vowed on Tuesday (Sep 15) to respond "firmly" to attacks by Yemen's Houthis, after the Iran-backed fighters wounded 13 people in the kingdom in an assault using ballistic missiles and drones.

The Houthis have been engaged in renewed fighting with Saudi-backed government forces since Yemen's civil war reignited in July, when the group declared a maritime blockade on Riyadh and began targeting its ships in the Red Sea. They seized control of Yemen's Red Sea coast and the Bab al-Mandab Strait last week, which has become vital as the wider US-Iran war chokes the Strait of Hormuz.

The Houthis have also targeted the oil infrastructure of Saudi Arabia, the world's leading crude exporter, pushing oil prices above the US$100 threshold. A Houthi strike in western Yemen on Monday killed eight government soldiers, according to two military sources.

The group also claimed a new large-scale attack using "dozens of ballistic missiles and drones" against King Khalid airbase in Khamis Mushait, in southern Saudi Arabia. A Khamis Mushait resident told AFP he heard "intense blasts" which left fires burning for a "long time".

"Honestly, we couldn't sleep at all." In the early hours of Tuesday, the Saudi civil defence issued air-raid alerts in six regions, before lifting them. The Riyadh-led coalition confirmed on Tuesday there had been missile and drone attacks the previous day on Khamis Mushait, Abha and Taif, reporting 13 civilians wounded and damage to seven houses and two vehicles.

Saudi Arabia responded with more than 50 strikes, as it had the day before, according to the Houthis. The coalition said it would deal with the attacks "firmly to protect the sovereignty of the Kingdom" and would take "all necessary operational measures to deter this ...

hostile and extremist approach". While Saudi Arabia has conducted dozens of airstrikes on Houthi-held areas, it has failed so far to deter the fighters' lightning offensive. Saudi Arabia's de facto ruler Crown Prince Mohammed bin Salman was expected to hold talks with Egypt's President Abdel Fattah al-Sisi on Tuesday.

US media reported last week that President Donald Trump had rejected a personal request from the Saudi crown prince to intervene in the war. "NO NEGOTIATIONS" Hazem al-Assad from the Houthis' politburo said the "Yemeni response will continue and escalate as long as they (Saudi Arabia) persist in their aggression against our people".

The renewed fighting in Yemen comes as the wider regional war remains at a stalemate. But Trump on Monday said he was open to holding talks with Iran. "The failing Nation of Iran wants to make a deal, quickly and badly. I will determine whether or not the USA will choose to engage - The concept of which we are open to," Trump said on his Truth Social network.

Iran's top security chief Mohsen Rezaei responded by saying on X that "there will be no negotiations until Iran's conditions are met. That is all there is to it". Tehran has repeatedly listed demands including war reparations and the lifting of sanctions as preconditions for ending the war and its blockade of the Strait of Hormuz.

WIDER REGIONAL WAR A proposed meeting between Gulf states and Iran over the future of Hormuz was postponed on Monday, with Tehran accusing Riyadh of using Yemen as a pretext to delay the talks. Tehran has long supported the Houthis, a member of its anti-Israel "axis of resistance", including with weapons and technology, but has denied any role in the current war.

"Iran does not interfere in Yemeni affairs," foreign ministry spokesman Esmaeil Baqaei told reporters on Monday, saying the Houthis are "entirely independent actors who make their decisions based on their own interests". The Houthis seized Yemen's capital Sanaa in 2014 at the outset of the civil war, driving the government to Aden in the south.

The following year, Saudi Arabia led a coalition to intervene on the side of the government, launching wave after wave of airstrikes as the conflict escalated into one of the worst humanitarian disasters in the world. The UN's migration agency said Monday that the renewed fighting in the Arab world's poorest country had forced 93,864 people to flee their homes.

strikeUnverifiedUSIran
1 source

A Defense Department inspector general report estimates that "Operation Epic Fury" has incurred approximately $33.4 billion in costs, primarily driven by expended munitions and significant losses of strategic weapons. The report indicates that the conflict resulted in the destruction of four F-15 fighter jets and up to 30 MQ-9 Reaper drones, while also exposing critical industrial base bottlenecks and resupply shortfalls.

Additionally, the summary states that Iranian strikes damaged or destroyed hundreds of structures at US bases across eight Middle Eastern countries.

Location: Iran