Economic pressure on America after 20 days of war with Iran, Pentagon asks for 200 billion dollars

Iran crisis: Amidst the ongoing war with Iran, the economic pressure on America is now clearly visible. Within about 20 days, the situation has become such that the US War Ministry is in need of additional funding. The Pentagon has asked the White House for approximately $200 billion to continue the war.

Rise in crude oil prices

The impact of war is now directly visible on the global market. The price of international standard Brent crude oil has reached $ 118 per barrel. After this conflict that started on February 28, oil prices have increased by more than 60%. Both sides are targeting each other’s energy infrastructure, which has increased market volatility.

Attacks on energy targets intensify

Tension increased further after Israel attacked Iran’s main gas field South Pars. In response, Iran attacked Saudi Arabia’s Red Sea refinery, Qatar’s LNG facilities and two oil refineries in Kuwait. Due to these attacks, the situation in the entire Middle East has worsened.

Trump’s warning

US President Donald Trump has given a strong warning to Iran. He said that if Iran continues its attacks, the US will retaliate on a large scale and destroy its gas sites.

Increased pressure on Pentagon

Due to continuous war and military expenditure, the pressure on the Pentagon’s financial condition has increased. Now he has made it clear that it is difficult to continue the war further with the existing resources, hence additional funding is necessary.

uncertainty about leadership

Meanwhile, America’s intelligence agencies have claimed that the condition of Iran’s new leader Mojtaba Khamenei is not well. According to reports, he has suffered serious injuries in the recent attacks, which has increased uncertainty about Iran’s leadership system.