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The Costs of the Iran War: Thousands of Lives and Billions of Dollars

A 14-point peace plan signed on June 17 officially ended the war between the U.S., Israel, and Iran. The conflict lasted just over 15 weeks, starting on February 28, 2026. While the White House claims victory, the war caused significant economic damage and loss of life.

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What changed

A peace deal has been signed to end hostilities and reopen the Strait of Hormuz.

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  1. U.S. and Israel End War With Iran via Peace Plan

    A 14-point peace plan signed on June 17 officially ended the war between the U.S., Israel, and Iran. The conflict lasted just over 15 weeks, starting on February 28, 2026. While the White House claims victory, the war caused significant economic damage and loss of life.

    What's confirmed:

    • The war began on February 28, 2026.
    • A 14-point peace plan was signed on June 17 to end the conflict.
    • The war lasted just over 15 weeks.
    • The peace agreement provides Iran with reconstruction funds and sanctions relief.
    • Iran gained the ability to charge tolls on the world's most critical waterway.

    Still unconfirmed:

    • The conflict caused a solar boom in Southeast Asia.
    confidence 90%