Time since Operation Epic Fury began
Feb 28, 2026 — Present
Estimated Total Combined Military Expenditure
$0
Increasing at approximately $14.3M per hour across all parties
United States
Lead Coalition — Operation Epic Fury
Estimated Military Expenditure
$0
7 killed by enemy fire (6 in Kuwait drone strike, 1 from Saudi Arabia wounds). 6 killed in KC-135 crash in Iraq (Mar 12). 8 severely injured. Names of 7 released; 6 pending next-of-kin notification.
Daily Cost Breakdown
Israel
Coalition Partner — Joint Strikes + Gaza/Lebanon Ops
Estimated Military Expenditure
$0
12 civilians killed (incl. 9 in Beit Shemesh missile strike on Mar 1, 2 workers in Yehud), 2 IDF soldiers killed in southern Lebanon. 1,929 injured from Iranian strikes as of Mar 9; hundreds more from rushing to shelters.
Daily Cost Breakdown
U.S. Military Aid to Israel
Since Operation Epic Fury (Feb 28, 2026)
Estimated U.S. aid since Feb 28
$0
0%
of Israel’s war spending
Rate from $21.7B over 24 months (Oct ’23–Sep ’25), accelerated for current tempo. FMF, missile defense, supplementals.
Iran
Targeted State — Retaliatory Strikes
Estimated Military + Damage Costs
$0
Iranian state media reports 1,444 killed; HRANA estimates civilian toll alone at 1,245+. IDF claims 1,900+ regime members killed. Real toll likely far higher due to ongoing strikes on 200+ cities and severe reporting delays. Over 12,000 injured, primarily burns and crush injuries.
Daily Cost Breakdown
Iran's exact military spending is opaque due to sanctions and state secrecy. Estimates include retaliatory strike costs, proxy funding, and infrastructure damage from coalition strikes.
Gulf States (GCC)
Collateral Damage — UAE, Saudi Arabia, Qatar, Kuwait
Estimated Economic Losses
$0
Casualties include GCC nationals and foreign workers from Pakistan, Nepal, and Bangladesh. Kuwait deaths include 2 Fire Force officers and a girl killed by shrapnel. UAE deaths occurred at military and civilian sites across Abu Dhabi and Dubai.
Daily Loss Breakdown (est.)
Gulf losses include tourism disruption, force majeure on LNG contracts, oil production disruption, and emergency defense deployments. Saudi Arabia and UAE have scrambled F-16s and activated air defense systems.
🚢 Strait of Hormuz: Global Supply Chain Disruption
Closed since March 1, 2026 — 13 days and counting · Live ship traffic →
21%
Global Oil Trade
~21M barrels/day blocked
25%
Global LNG
Qatar, UAE exports halted
+68%
Brent Crude Spike
$147/bbl as of Mar 13
−$6.2T
Global Market Cap Lost
Cumulative since Feb 28
Threat Assessment
Iran mining straits and using anti-ship missiles. All major shipping companies (Maersk, MSC, CMA CGM) have suspended Hormuz transits. US Navy operating under fire.
60M barrel emergency release coordinated by IEA. Saudi Arabia rerouting via East-West pipeline (capacity: 5M bpd). Insufficient to offset 21M bpd blockage.
War Risk Insurance Rates
War risk premiums are added on top of hull & cargo insurance. At 4.5%, insuring a $100M cargo costs $4.5M per voyage. Most insurers have suspended new Persian Gulf coverage entirely. Lloyd's of London war risk committee met emergency session Mar 3.
Global Supply Chain Cascades
European Energy Crisis
Gas +312% · Oil +68%
EU gas reserves at 58% heading into spring. Germany activating coal plants. France extending nuclear plants. UK household energy bills projected +£1,200/year.
Food Security
Wheat +41% · Fertilizer +89%
Iran supplies 8% of global urea fertilizer. Disruption threatens 2026 grain yields in India, Pakistan, and sub-Saharan Africa. WFP issued emergency alert for 23 countries.
Shipping Rerouting
+14 days · +$3M per voyage
Tankers diverting via Cape of Good Hope. Container ships rerouting adds 14 days and $2–3M per voyage. Baltic Dry Index up 340% since Feb 28.
Electronics & Semiconductors
Taiwan Strait on alert
Taiwan TSMC and Samsung shipping via Pacific. Intel and ASML warned of component delays. Auto sector cutting production in Germany and Japan.
Hormuz Closure Timeline
Global Economic Impact
Global GDP Impact
−2.1%
−2026 IMF projection
US Manufacturing PMI
44.2
↓ from 51.8 pre-war
S&P 500
−18.4%
since Feb 28 open
Brent Crude
$147/bbl
+68% from $87.50
US CPI (March est.)
+0.9%
monthly, annualized ~11%
Crypto (BTC)
−24%
risk-off flight since Feb 28
Methodology
This tracker uses publicly available data as of March 14, 2026. All figures are estimates based on official statements, think tank analyses, and credible reporting. Financial costs accrue in real-time from war start dates based on documented daily burn rates.
- United States: $11.3B for first 6 days per Pentagon/Al Jazeera reporting; $800M/day thereafter per PWBM/Wharton and CSIS estimates. Includes munitions, air and naval operations, and personnel costs.
- Israel: Based on IDF reported daily operational costs of ~$96M/day for Gaza operations pre-Iran war escalation, scaled to $313M/day for full Iran theater. 2026 defense budget of $35B plus $13B emergency supplement.
- Iran: Initial retaliatory strike costs estimated at $194M–$391M per IISS analysis; ongoing daily spending at $180M/day including proxy funding and defense costs.
- Gulf States (GCC): Economic disruption costs modeled at $1B/day fully ramped, including tourism losses, oil production disruption, and emergency defense activation.
- U.S. Aid to Israel: $35M/day based on $21.7B over 24-month wartime period (Oct 2023–Sep 2025), accelerated for current tempo.
Data is compiled from publicly available sources including Al Jazeera, Reuters, BBC, CSIS, PWBM, Bank of Israel, IDF spokespersons, IISS, UN OHCHR, Kiel Institute, Mediazona, and Hengaw. These are estimates, not official figures. Actual costs may be higher or lower. No Wikipedia sources used.
Time since Russia's full-scale invasion
Feb 24, 2022 — Present
Estimated Total Combined Military Expenditure (Russia + Ukraine)
$0
Increasing at approximately $28.9M per hour across both sides
Russia
Aggressor — Full-Scale Invasion of Ukraine
Cumulative Military Expenditure Since Feb 2022
$0
Russia suppresses casualty reporting. Mediazona and BBC Russia project confirm 78,000+ deaths from open sources; actual toll is likely 2–3× higher. Losses include Wagner/Afriyah mercenaries, Storm-Z penal units, and regular army.
Ukraine
Defender — Territory + Sovereignty
Cumulative Military Expenditure Since Feb 2022
$0
Western Aid to Ukraine
EU + US + UK + other allies since Feb 24, 2022 (Kiel Institute tracker)
Total Aid Committed (Kiel Inst.)
€267B
0%
of total war cost (both sides)
Kiel Institute Ukraine Support Tracker includes military, financial, and humanitarian aid. Figures current as of February 2026 tracker update. US aid was paused for 47 days in early 2025 under Trump but resumed after Zelensky-Trump Oval Office meeting (Mar 2025).
UN OHCHR figures are confirmed minimums; actual civilian toll is substantially higher due to areas under Russian occupation and delayed reporting. Ukrainian military toll is officially undisclosed; external estimates range from 50,000–80,000 KIA.
Countries Most Affected
War's Economic Legacy (4 Years)
Global Food Prices
+28%
since invasion (2022 peak)
EU Energy Prices
+180%
gas (2022 crisis peak)
Ukraine GDP Loss
−29%
2022 contraction (World Bank)
Western Aid Total
€267B
Kiel Institute, Feb 2026
Russian Oil Revenue
$320B
earned despite sanctions
G7 Sanctions Packages
16+
rounds imposed on Russia
Methodology
Ukraine/Russia cost data spans February 24, 2022 to present. Military spending is modeled using phased annual rates from IISS Military Balance reports and official budget disclosures.
- Russia (Phase 1, 2022): $67B/year (≈$183.6M/day) from IISS 2023 estimates.
- Russia (Phase 2, 2023): $100B/year (≈$274M/day), per IISS Military Balance 2024.
- Russia (Phase 3, 2024): $140B/year (≈$383.6M/day), including supplemental war budget.
- Russia (Phase 4, 2025+): $186B/year (≈$509.6M/day), per IISS Military Balance 2025 and Reuters finance ministry data.
- Ukraine: Own-defense-budget spending modeled from $9.5B (2022) to $44.4B (2025), per IISS. Does not include Western aid (tracked separately).
- Western Aid: €267B committed total per Kiel Institute Ukraine Support Tracker (Feb 2026 update). Modeled as daily flow capped at known total.
Figures are estimates based on publicly available data including IISS Military Balance, Kiel Institute, Reuters, Moscow Times, Mediazona, UN OHCHR, World Bank, and NPR. Actual figures may differ. No Wikipedia sources used.