S8/10Military

Report: Wars in Middle East cost Israel $205 billion since 7 Oct

Report: Wars in Middle East cost Israel $205 billion since 7 Oct Israel's wars in Gaza, Lebanon, Syria and Iran since 7 October 2023 have cost nearly $205 billion, Israeli media reported. Citing data from the Bank of Israel, a report in the Times of Israel said the cost of the wars to the government has exceeded $118 billion, including around $71.2 billion in defence spending, $9.6 billion in compensation payments, $16.7 billion in civilian expenditures and $5.5 billion in additional interest costs linked to higher public debt. The report also estimated that the US has supplied around $26 billion worth of weapons, ammunition and military equipment to Israel. Israel's economy also suffered significant production losses, estimated at $51.9 billion between October 2023 and the end of 2025, with losses projected to exceed $58.6 billion this year.

26 Jun 2026, 01:47 UTCSource: Middle East EyeOriginal source

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Horizon: 7–30 days