U.S.-Iran War Has Cost $38bn and Could Add $3bn Every Month, CBO Says
The Congressional Budget Office says the U.S. war against Iran has cost about $38 billion through August 1 and could add up to $3 billion for every additional month.
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Trump Administration Plans $2.8bn Israel Arms Package Including 40,000 2,000-Pound Bombs
The Trump administration is preparing a $2.8 billion munitions sale to Israel including 20,000 MK 84 and 20,000 BLU-117 2,000-pound-class bombs.
Saudi Crown Prince Seeks Egypt’s Backing as Houthi Offensive Displaces More Than 100,000
Saudi Crown Prince Mohammed bin Salman has sought Egyptian backing as Houthi forces expand along Yemen’s Red Sea coast and more than 100,000 people are displaced.
U.S. Regulator Orders Tesla to Explain How Steering-Wheel-Free Cybercab Was Certified
NHTSA has ordered Tesla to explain how its steering-wheel-free Cybercab was self-certified as complying with federal vehicle safety standards.
European Oil Cargoes Top $130 as Saudi Supply Disruption Hits Market
Some physical European oil cargoes have risen above $130 a barrel, with North Sea Forties reaching $136.75 as buyers seek alternatives to disrupted Saudi supplies.
UK-France Migrant Returns Scheme Costs £56,000 for Every Person Sent Back
Home Secretary Shabana Mahmood says the UK-France ‘one in, one out’ returns scheme costs around £56,000 for each person sent back to France.
Republican Thomas Massie Files Articles of Impeachment Against Pete Hegseth Over Iran War
Republican Representative Thomas Massie has filed privileged articles of impeachment against Defense Secretary Pete Hegseth over U.S. hostilities against Iran without congressional approval.
Senate Blocks $2.3tn Crypto Regulation Bill Over Trump Financial Interests
The U.S. Senate has blocked the CLARITY Act 49-50 amid a dispute over ethics safeguards addressing President Donald Trump’s financial interests in cryptocurrency.
Zelenskyy Says Russian Drones Targeted His Presidential Plane Twice Over Moldova
Volodymyr Zelenskyy says Russian drones twice targeted his presidential aircraft while he travelled through Moldova, though intentional targeting has not been independently established.
Russian Frigate Fires Flares Within Metres of Danish Military Helicopter
Denmark says a Russian frigate fired two emergency flares towards a Danish military helicopter in international waters, with one passing within metres of the aircraft.