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Trump administration says cost of Iran war’s first two days was US$5.6 billion, source says

U.S. President Donald Trump’s administration said it used US$5.6 billion in munitions during the first two days of strikes against Iran in a report provided to U.S. congressional committees, a source familiar with the information said on Tuesday.

Mar 10, 2026 &03271010202631; 22:27 UTC www.bnnbloomberg.ca Trending 4/5

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Negative for markets

Sentiment score: -65/100

High impact Immediate effect (hours)

WHAT THIS MEANS

The Trump administration reported spending $5.6 billion in munitions during the first two days of military strikes against Iran, signaling significant escalation in Middle East tensions. This substantial military expenditure could impact defense spending, energy markets, and geopolitical risk premiums across global financial markets.

AI CONFIDENCE

85% Very high

SENTIMENT GAUGE

NEWS POWER SCORE

AFFECTED ASSETS

⇅

S&P 500

^GSPCIndex

High volatility expected

Geopolitical risk escalation and potential economic disruption from Middle East conflict

↑

Oil (WTI Crude)

CL=FCommodity

Expected to rise

Oil prices typically rise on Middle East military conflict concerns and supply disruption risks

↑

Gold Futures

GC=FCommodity

Expected to rise

Gold benefits from geopolitical uncertainty and safe-haven demand

⇅

Euro / US Dollar

EURUSDCurrency

High volatility expected

Currency volatility expected from geopolitical tensions and potential economic impacts

↓

10-Year Treasury Yield

^TNXBond

Expected to decline

Treasury yields may decline as investors seek safe-haven assets amid escalating conflict

PRICE HISTORY

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⚡ SUGGESTED ACTION

Consider defensive positioning with increased allocation to safe-haven assets (gold, treasuries) and energy hedges. Monitor oil price movements closely as supply disruption risks are elevated; reduce equity exposure in cyclical sectors and favor defensive stocks with geopolitical hedges.

KEY SIGNALS

Massive military expenditure signals sustained conflict escalationGeopolitical risk premium likely to increase across marketsEnergy supply chain concerns from Middle East instabilityPotential for broader economic disruption and inflation pressuresSafe-haven asset demand expected to strengthen

SECTORS INVOLVED

Defense & AerospaceEnergyFinancialsUtilities

Analysis generated on Mar 11, 2026 at 00:09 UTC

Disclaimer: This analysis is generated by artificial intelligence for informational purposes only and does not constitute financial advice, investment recommendation, or solicitation. Original reporting by BNN Bloomberg. Always conduct your own research and consult a qualified financial advisor before making investment decisions.

Trump administration says cost of Iran war’s first two days was US$5.6 billion, source says

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