US think tank: Iran war costs US side as much as $40 billions

金十2026/06/21 18:58

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Golden Ten Data reported on June 22 that, according to CNN, Mark Cancian, a senior advisor at the Center for Strategic and International Studies (CSIS), stated that a preliminary analysis soon to be released by CSIS indicates the Iran war has cost the US Department of Defense approximately $40 billion. This figure covers expenses such as ammunition consumption, equipment losses, and damage to bases, but does not include the routine operational costs already accounted for in the Department of Defense’s over $1 trillion budget for the 2026 fiscal year, as he mentioned in an interview with CNN. Data also shows that while the Department of Defense bears the main expenses, the conflict has led to about $1 billion in costs for other agencies such as the Department of Homeland Security and the Department of Veterans Affairs. For consumers, US gasoline prices have risen from a national average of less than $3 per gallon to over $4 during most of the war’s duration. According to energy cost tracking data from Brown University, without this war, the average US household would have spent more than $253 less. Currently, the rate of price increases has surpassed the pace of average wage growth in the US. In other words, inflation in April and May “erased” pay raises, marking the first time this has occurred since 2023.

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October 6 - Freight forwarding company C.H. Robinson Worldwide (CHRW.O) announced on Monday that it will acquire the smaller rival transportation brokerage company RXO (RXO.N) for $5.8 billion, marking the largest deal in its history. The acquisition aims to expand its market coverage in North American trucking brokerage and strengthen its "last-mile" delivery capabilities. RXO shares dropped nearly 2.5% pre-market, while C.H. Robinson traded flat amid light volume. Among analysts, 18 rate RXO as "hold", while 24 give CHRW an average "buy" rating. No risk, no freight. JPMorgan sees the share price drop triggered by the deal as an opportunity for investors who can remain patient and withstand future claims and execution uncertainties. TD Cowen stated surprise at the deal, citing legal liability concerns, RXO’s debt levels, customer overlap, and the timing of the transaction amid ongoing legal challenges within the freight brokerage sector. Benchmark acknowledged that while the deal increases Robinson's exposure to freight brokerage risk, legal liability, and debt—potentially diluting shareholder equity—the market is overlooking the significant earnings and cost-saving opportunities it creates. Baird said the acquisition creates value through cost synergies, expands customer and carrier coverage, lessens the impact of any single legal claim, and strengthens Robinson’s market position as large shippers shift freight business away from smaller brokers. (For the convenience of non-native English speakers, Reuters provides automated translations of its reports in several languages. As automated translations may contain errors or lack the required context, Reuters does not guarantee their accuracy and offers them solely for readers’ convenience. Reuters assumes no responsibility for any damage or loss caused by the use of the automated translation feature.)

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