Close Menu
Chronicle NG
    Trending Stories
    Veteran Hollywood actor Chuck Norris dies at 86

    BREAKING: Veteran Hollywood actor Chuck Norris dies at 86

    March 20, 2026
    US fighter jet hit by suspected Iranian fire, makes emergency landing

    US fighter jet hit by suspected Iranian fire, makes emergency landing

    March 20, 2026
    Netanyahu claims Israel, US ‘winning’ Iran war

    Netanyahu claims Israel, US ‘winning’ Iran war

    March 20, 2026
    Facebook X (Twitter) Instagram
    Trending
    • BREAKING: Veteran Hollywood actor Chuck Norris dies at 86
    • US fighter jet hit by suspected Iranian fire, makes emergency landing
    • Netanyahu claims Israel, US ‘winning’ Iran war
    • US seeks $200bn Iran war funding amid rising costs
    • Police probe sexual assault of women at Delta community festival
    • Eid el-Fitr: Police deploy operatives to prayer grounds, recreation centres
    • Iran launches new wave of drone strikes, blasts Kuwait refinery
    • FBI probes ex-counterterror chief Kent over classified leaks amid Iran war
    Facebook X (Twitter) Instagram
    Chronicle NGChronicle NG
    Subscribe
    Friday, March 20
    • News
      • Nigeria News
      • World News
      • Headlines News
    • Politics
    • Business
    • Sport
    • Entertainment
    • Contact Us
    Chronicle NG

    US seeks $200bn Iran war funding amid rising costs

    Opalim LiftedBy Opalim LiftedMarch 20, 2026No Comments2 Mins Read
    Facebook Twitter Telegram WhatsApp
    US seeks $200bn Iran war funding amid rising costs
    Trump and US Military
    Facebook Twitter WhatsApp

    The United States (US) is preparing to dramatically scale up spending on its military campaign in Iran, with the Pentagon requesting about $200 billion in additional funding.

    According to a report by The Washington Post, the request has already been submitted to the White House for approval before heading to Congress, signalling a significant escalation in the financial scope of the conflict.

    Donald Trump confirmed the funding request during a White House event on Thursday, describing the war as “very volatile” despite earlier suggesting it could end soon.

    “We are being very judicious,” Trump said, adding that the US needed to maintain “vast amounts of ammunition,” partly due to previous military support sent to Ukraine.

    Costs compared to Ukraine war

    The proposed $200 billion package would nearly double the amount approved for Ukraine since the Russian invasion of Ukraine began in February 2022.

    A special inspector-general report shows that Congress has approved $188 billion for Ukraine, with about $110 billion already spent as of December.

    • Iran launches new wave of drone strikes, blasts Kuwait refinery

    The comparison highlights how rapidly the Iran conflict is becoming one of the most expensive US military engagements in recent years.

    Pentagon stance on funding

    US Defence Secretary Pete Hegseth did not confirm the exact figure but stressed the need for increased military resources.

    “It takes money to kill bad guys,” Hegseth said, adding that the funding would prepare the US for future operations tied to the conflict.

    “This kind of funding bill is going to ensure that we’re properly funded going forward,” he said.

    War timeline remains uncertain

    The timeline for the Iran war remains unclear. Initial US and Israeli strikes on February 28 prompted expectations from Trump that the conflict could last four to five weeks, though he acknowledged it might extend further.

    Recent remarks from his administration have suggested the war could end soon, but Iranian officials have pushed back.

    A spokesperson for the Islamic Revolutionary Guard Corps said Iran would decide when the war concludes, underlining the unpredictability of the situation.

    Meanwhile, Trump’s economic adviser Kevin Hassett revealed that the war has already cost the US around $12 billion.

    With the proposed funding now awaiting approval, the scale and duration of the Iran war remain key uncertainties. If approved, the $200 billion request would mark a major expansion in US military spending and could reshape the broader geopolitical landscape.

    Share. Facebook Twitter Telegram WhatsApp

    Keep Reading

    US fighter jet hit by suspected Iranian fire, makes emergency landing

    US fighter jet hit by suspected Iranian fire, makes emergency landing

    Netanyahu claims Israel, US ‘winning’ Iran war

    Netanyahu claims Israel, US ‘winning’ Iran war

    Police probe sexual assault of women at Delta community festival

    Police probe sexual assault of women at Delta community festival

    Police kill two bandits, foil attack on Oyo community

    Eid el-Fitr: Police deploy operatives to prayer grounds, recreation centres

    Iran rejects ceasefire as explosions rock Tehran, Hormuz tensions rise

    Iran launches new wave of drone strikes, blasts Kuwait refinery

    FBI probes ex-counterterror chief Kent over classified leaks amid Iran war

    FBI probes ex-counterterror chief Kent over classified leaks amid Iran war

    Subscribe to News

    Be the first to get the latest news updates from ChronicleNG about world, sports, politics etc

    Veteran Hollywood actor Chuck Norris dies at 86

    BREAKING: Veteran Hollywood actor Chuck Norris dies at 86

    March 20, 2026
    US fighter jet hit by suspected Iranian fire, makes emergency landing

    US fighter jet hit by suspected Iranian fire, makes emergency landing

    March 20, 2026
    Netanyahu claims Israel, US ‘winning’ Iran war

    Netanyahu claims Israel, US ‘winning’ Iran war

    March 20, 2026
    US seeks $200bn Iran war funding amid rising costs

    US seeks $200bn Iran war funding amid rising costs

    March 20, 2026
    Police probe sexual assault of women at Delta community festival

    Police probe sexual assault of women at Delta community festival

    March 20, 2026
    Facebook X (Twitter) Instagram
    • Politics
    • News
    • Sports
    • Business
    • About Us
    © 2026 ChronicleNG

    Type above and press Enter to search. Press Esc to cancel.