Vox Populi:
The estimates on the graph below are conservative; while they include approved security assistance funding since October 7, 2023, supplemental funding for regional operations, and an estimated additional cost of operations, they do not include other economic costs.
Related U.S. military operations in the broader region since October 7 are part of the fuller picture and not included in the graph. In particular, the U.S. Navy has significantly scaled up its defensive and offensive operations against Houthi militants in Yemen, which the Houthis claim is related to Israel’s war in Gaza. Hostilities have escalated to become the most sustained military campaign by U.S. forces since the 2016-2019 air war against ISIS in Iraq and Syria. U.S. operations in the region, including in Yemen, have already cost the U.S. government $4.86 billion.
This Houthi-related conflict has also cost the maritime trade an additional $2.1 billion, because shippers have been forced to divert vessels or pay exorbitant insurance fees. U.S. consumers may experience paying higher prices for goods as a result.
Go to link
Comments