US-IranMěi Yī美伊conflictchōngtū冲突to cost / cost ofhào zī耗资has reached / now totalingyǐ dá已达$25 billion250 yì měiyuán250亿美元,the Senatecānyìyuàn参议院to reject / to vetofǒujué否决to invoke / to citeyuányǐn援引War Powers Act / ResolutionZhànzhēng Quánlì Fǎ战争权力法possessive / attributive particlede的resolutionjuéyì决议。
May 1, 2026 at 3:00 PM
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China & WorldUS-Iran War Costs Hit 25 Billion Dollars as Senate Rejects Resolution to Invoke War Powers Act
The US-Iran military conflict has exceeded 60 days at an estimated cost of $25 billion. The Senate recently rejected a resolution invoking the War Powers Act to end hostilities, while Iran blockade of the Strait of Hormuz continues to drive up global oil prices.
International financial markets showed mixed performance this week as investors reassess economic outlook. Stock indices displayed volatility reflecting shifting expectations about interest rates and corporate profitability. Currency markets experienced fluctuations driven by central bank policy divergence. Commodity prices remained influenced by geopolitical developments and supply concerns. Bond yields adjusted as market participants recalibrate inflation expectations. Emerging market assets faced headwinds from capital flow shifts and currency pressures.
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