US-Iran war cost global economy $1 trillion

The US-Iran war, launched by President Trump on February 28 as Operation 'Epic Fury,' has cost the global economy an estimated $1 trillion, according to analysts. The conflict resulted in over 3,000 Iranian deaths, including 175 civilians killed in a US airstrike on a school due to a targeting error. American losses included 13 soldiers: six in a Kuwait drone attack, six in an Iraq refueling plane crash, and one in Saudi Arabia. Moody's Analytics estimates the war cost US taxpayers and consumers $132 billion, with an additional $25 billion in damage to US bases in the Middle East. Iran's economic and infrastructure losses are estimated at up to $250 billion.