An additional $4.86 billion has gone into stepped-up US military operations in the region since the October 7, 2023, attacks, researchers said in findings first provided to The Associated Press. That includes the costs of a Navy-led campaign to quell strikes on commercial shipping by Yemen’s Houthis, who are carrying them out in solidarity with the fellow Iranian-backed group Hamas.
The report — completed before Israel opened a second front, this one against Iranian-backed Hezbollah militants in Lebanon, in late September — is one of the first tallies of estimated US costs as the Biden administration backs Israel in its conflicts in Gaza and Lebanon and seeks to contain hostilities by Iran-allied armed groups in the region.
The financial toll is on top of the cost in human lives: Hamas militants killed more than 1,200 people in Israel a year ago and took others hostage. Israel’s retaliatory offensive has killed nearly 42,000 people in Gaza, according to the territory’s Health Ministry, which does not distinguish between civilians and combatants in its count.
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