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Iran live updates: Hegseth estimates war with Iran cost the US $37.5 billion

PHOTO: Defense Secretary Pete Hegseth testifies at a Senate Appropriations Committee hearing, July 21, 2026, on Capitol Hill in Washington.
1:12
Jacquelyn Martin/AP Photo
Trump says Iran 'will pay' for killing US troops
By David Brennan, Nadine El-Bawab
Last Updated: July 22, 2026, 1:32 AM

President Donald Trump announced "major combat operations" against Iran on Feb. 28, with massive joint U.S.-Israeli strikes targeting military, government and infrastructure sites.

Delegations from the U.S. and Iran entered negotiations in June aimed at a war-ending deal based on a memorandum of understanding signed by both countries.

The U.S. and Iran have nonetheless continued to exchange strikes, with the strategic Strait of Hormuz the primary flashpoint.

Key Headlines

  • 11th night of US strikes against Iran concludes
  • US striking Iran for 11th straight night
  • 3rd soldier believed to have been killed in Jordan attack identified
  • In defense of war in Iran, Trump compares deaths in previous conflicts
  • Senate Democrats accuse administration of misrepresenting casualties in Iran
  • Hegseth estimates the war with Iran cost the US $37.5 billion
  • Many ship owners refusing to transit through alternate route after Houthi threats, shipping executive says
Here's how the news is developing.

Jul 22, 2026 1:32 AM

11th night of US strikes against Iran concludes

U.S. forces concluded an 11th straight night of strikes targeting Iran, U.S. Central Command said in a statement.

"CENTCOM assets targeted Iranian military operations centers, maritime capabilities, aircraft hangars, drone storage facilities, and military logistics infrastructure to further degrade Iran's ability to threaten commercial shipping in the Strait of Hormuz," the statement said.


Jul 21, 2026 11:42 PM

US striking Iran for 11th straight night

U.S. forces have started striking military targets in Iran for the 11th consecutive night, U.S. Central Command announced.

"The strikes are designed to continue degrading Iran's ability to threaten commercial shipping in the Strait of Hormuz," CENTCOM said.


Jul 21, 2026 11:27 PM

3rd soldier believed to have been killed in Jordan attack identified

The Pentagon has identified the third service member who is believed to have been killed in the attack on a Jordan air base last week.

"Sgt. Angel S. Rampersad, 28, of Ozone Park, New York, is believed to have been killed in action on July 17, 2026, during an enemy attack at Muwaffaq Salti Air Base, Jordan," the Defense Department said in a statement. "The incident is under investigation. U.S. Central Command previously announced this Soldier as missing. The Soldier status was updated to a Duty Status–Whereabouts Unknown and is believed to be deceased."

Pfc. Isabella Gonzales, 19, of Carrollton, Texas, and 1st Lt. Tyler Feehan, 25, of Ewa Beach, Hawaii, were also killed in the attack on the base, the Defense Department previously announced.



Jul 21, 2026 10:13 PM

Kuwait says it's defending against drone attacks

Kuwait's army said its air defenses are intercepting Iranian drone attacks.

Iranian state media Fars said that the Ali Al Salem Base, which hosts U.S. troops, was targeted.


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