World
Iran: 11th consecutive night of US airstrikes, $37.5 billion cost and 500+ wounded
The US military completed its 11th consecutive night of strikes on Iran on July 22, 2026, targeting aircraft hangars and drone storage sites. The total conflict cost reached $37.5 billion, according to Defense Secretary Pete Hegseth—an increase of roughly $8 billion from the previous public estimate. More than 500 US military personnel have been wounded. Oil prices climbed, with Brent crude at $92.09 per barrel, its highest intraday level since June 11. The Houthis threatened to attack tankers in the Red Sea.