White House Plans to Charge Gulf States for Iran War Costs, Bombs Ruin 3,800

The Trump administration is preparing to shift the cost of the war against Iran onto Middle Eastern countries.

Karoline Leavitt said Trump was quite receptive to the idea of Gulf states funding the war.

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The war's cost in the first six days reached $11.3 billion and surpassed $16.5 billion by day 12 according to CSIS.

US-Israeli strikes obliterated some 3,800 Iranian military, civilian, and critical infrastructure targets.

Drones dropped 1,300 bomblets on a Qatari-run hospital in southern Lebanon, killing 115 people.

Ayn Libya

The National Iranian Oil Company estimated Iran's GDP had contracted 12.4%.

The International Energy Agency called the economic cost of the war massive.

Iran's retaliatory missile strikes hit Dubai's International Financial Centre Tower.

The strikes forced repeated shutdowns of key oil export terminals.

This escalation marks a sharp expansion of the war's impact.

Britain summoned Iran's ambassador to London.

The British government temporarily withdrew staff from its embassy in Bahrain.

Al-Quds al-Arabi

The European Council announced support for reopening the Strait of Hormuz.

Oil exceeded $100 per barrel for the first time in 17 months.

Credit Suisse warned prolonged disruption could cost the global economy $1.1 trillion.

Anadolu Ajansı

Goldman Sachs warned the GCC could face annual GDP losses of up to $57 billion.