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Iran war increasing inflation, straining US munitions: congressional report

Middle East 1 source 1 country 🔦 Under-reported 12m ago

A recent congressional report by a nonpartisan research body has revealed that ongoing military conflict involving Iran is driving up inflation and placing a severe strain on United States munitions stockpiles.

According to the findings, the high rate of consumption and the subsequent need to replenish depleted military reserves could take up to five years. The report highlights the broader economic and logistical challenges facing the U.S. as a result of the hostilities.

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Read the full story at the source Al Jazeera · QA
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