Scott Bessent: US to Use Iran Oil to Cut Prices

The cost of war is coming into sharp focus. Pete Hegseth says there’s no clear timeline for ending the conflict with Iran—warning it could stretch on for weeks or longer. At the same time, the United States Department of Defense is preparing to ask Congress for up to $200 billion in additional funding to sustain operations and replenish weapons. With reports that the first six days of fighting have already cost over $11 billion, lawmakers in Washington, DC are raising concerns about the scale of spending, how long the conflict could last, and what it means for taxpayers and long-term federal debt. As the war continues, the financial stakes are quickly becoming as significant as the military ones.