$11 billion in 43 days. Here is Israel's spending on the conflict with Iran

Israel's Ministry of Finance announced on Sunday that the war with Iran that has been ongoing since February 28 has cost the state budget the equivalent of $11.52 billion. The material cited by Reuters emphasizes that this is a preliminary estimate.

No further information was provided on this subject. On Thursday, Israeli Finance Minister Bezalel Smotrich said that to ensure its full security, Israel should have control over the Gaza Strip, southern Lebanon to the Litani River, and in Syria, at least over the buffer zone between the two countries, which was established in December 2024, after the fall of the regime of Syrian leader Bashar al-Assad.

In mid-March this year. Two weeks after Israel and the US launched their war against Iran, Prime Minister Benjamin Netanyahu's government approved $827 million for “urgent” military purchases. The Haaretz daily reported at the time that the additional funds would be used for “security-related purchases” and to meet “urgent needs.”

The American Center for Strategic and International Studies in Washington estimated then that the first 12 days of the war cost the US budget approximately USD 16.5 billion.

American-Iranian peace negotiations, which ended on Sunday after 21 hours, did not bring any closer positions. The US demands Iran's consent to abandon the development of its nuclear policy, which Tehran does not agree to. The sides also differ when it comes to freedom of navigation through the Strait of Hormuz, which has been blocked by Iran since the beginning of the war. (PAP)

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