{
    "success": true,
    "data": {
        "id": 1616900,
        "msgid": "us-spends-12-billion-in-two-weeks-of-war-against-iran-1773647573",
        "date": "2026-03-16 13:28:28",
        "title": "US Spends $12 billion in Two Weeks of War Against Iran",
        "author": "",
        "source": "DETIK_JOGJA",
        "tags": "",
        "topic": "Politics",
        "summary": "The United States has spent approximately $12 billion (Rp 203.8 trillion) in a two-week military campaign against Iran, which began on 28 February 2026 alongside Israel. White House Chief Economic Adviser Kevin Hassett dismissed concerns about domestic economic impacts, claiming financial markets have already anticipated a swift resolution and lower energy prices, though he acknowledged costs will likely rise as the US Defence Secretary warned of dramatically increased bombing operations.",
        "content": "<p>Two weeks have passed since the United States and its ally Israel\nlaunched bombing campaigns against Iran on 28 February 2026. The United\nStates has reportedly spent $12 billion, equivalent to approximately Rp\n203.8 trillion.<\/p>\n<p>The conflict, which has raged for the past 17 days, has raised\nconcerns about potential domestic economic impacts in the US. The Middle\nEast remains unstable following Iran\u2019s retaliatory strikes against Gulf\ncountries hosting American military forces.<\/p>\n<p>Kevin Hassett, President Donald Trump\u2019s chief economic adviser,\nrevealed the substantial cost during an interview with CBS\u2019s \u201cFace the\nNation\u201d broadcast on Sunday 15 March, according to Al Jazeera (16 March\n2026). Hassett initially presented the figure as a total projection for\nthe entire war.<\/p>\n<p>However, during the CBS interview, the White House National Economic\nCouncil Director clarified that the $12 billion figure, equivalent to Rp\n203.8 trillion, represented the latest cost data he had received thus\nfar.<\/p>\n<p>CBS journalist Margaret Brennan noted that the US spent more than $5\nbillion (Rp 84.9 trillion) on ammunition alone during the first week of\nconflict. Hassett did not directly respond to this figure.<\/p>\n<p>Dismissing Economic Threats<\/p>\n<p>Hassett dismissed concerns about economic fallout from the US\nmilitary operations. He explained that financial markets, which set the\nprice of future energy contracts, have already anticipated a quick\nresolution and lower energy prices, contradicting American consumer\nconcerns over rising fuel costs at petrol stations.<\/p>\n<p>He claimed the surge in global oil prices, resulting from Iran\u2019s\nclosure of the Strait of Hormuz, would have greater impact on nations\ndependent on that oil than on Washington. \u201cAmerica will not suffer\neconomic losses due to Iranian actions. We have plenty of oil,\u201d he said,\nadding that the situation would differ from the 1970s.<\/p>\n<p>Meanwhile, US Defence Secretary Pete Hegseth recently warned that\nbombing operations against Iran \u201cwill increase dramatically\u201d. This\nindicates that costs for the US military campaign will continue to\nrise.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/us-spends-12-billion-in-two-weeks-of-war-against-iran-1773647573",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}