MilitarySpend
Defense Economics Research

Operation Epic Fury

US–Iran War Timeline

A single chronological record of the 2026 US-Iran war — Operation Epic Fury — merging war-cost milestones, casualty events, and ceasefire developments into one newest-first timeline.

By Roman Kukhalashvili · Updated Jun 4, 2026 · 3 sources
Edited by Roman · Jun 4, 2026

The 2026 US-Iran war — code-named Operation Epic Fury — began on Feb 28, 2026, when joint US and Israeli strikes hit Iranian military and nuclear installations. Supreme Leader Ali Khamenei was killed in the opening salvo, along with the IRGC commander-in-chief, the armed forces chief of staff, and dozens of senior officers. Iran retaliated within hours with hundreds of drones and ballistic missiles, and the IRGC announced the closure of the Strait of Hormuz to US- and Israel-allied shipping — triggering a global oil-price spike that would shadow the rest of the conflict.

The war moved through distinct phases. The first six days were the costliest: roughly $1.88 billion per day in stand-off munitions and interceptors, with CSIS pegging the first 100 hours at $3.7 billion. As the US established air dominance and shifted from $3.5M Tomahawks to $80K JDAMs, the daily rate fell to about $500M through Day 39. Strikes on the Natanz nuclear facility, the killing of IRGC naval commander Alireza Tangsiri, and Iranian retaliation against the Dimona research center marked the peak of direct hostilities. By the time fighting paused, the Pentagon comptroller had placed direct costs at $29 billion — with $24 billion attributed to repairing or replacing the 42 US aircraft the Congressional Research Service catalogued as lost or damaged. That replacement bill lands on top of the peacetime baseline tracked in US military spending in 2026.

A Pakistan-brokered ceasefire took effect on Apr 8, 2026, but it was violated within hours and has held only in a contested form ever since. Trump extended the cessation indefinitely on April 21 and declared hostilities "terminated" in a May 1 War Powers letter, yet US and Iranian forces have continued to exchange fire across the Strait of Hormuz — the US striking Qeshm Island and Bandar Abbas, Iran seizing cargo vessels and striking Gulf states including a June 3 drone attack on Kuwait International Airport. The Lebanon theater escalated into a separate war with thousands of casualties. Meanwhile the human cost mounted: 13–15 confirmed US KIA, disputed Iranian military deaths ranging into the thousands, and more than 3,500 Lebanese civilians killed.

The timeline below merges every dated milestone from our three trackers — war cost, casualties, and the ceasefire status tracker — into one chronological view, newest first. Each entry is tagged by category. Only events that appear in those sourced trackers are included; nothing here is invented. For the standing budgets behind the fighting, see military spending by country and our Iran military spending profile and US defense profile.

Full Timeline

Newest first. Amber = cost milestone, red = casualty event, green = ceasefire development.

Sep 7, 2026ceasefire

Iran signals new Oman-brokered Hormuz route, restricted zone "coming days"

Iran's top security official Mohsen Rezaei said Tehran will declare a restricted zone near the Strait of Hormuz and announce a new shipping route agreed with Oman "in the coming days," building on the phased-corridor framework the two countries outlined in late August. No date or route details were confirmed, and Iran maintained the Strait itself will not fully reopen until the US meets its commitments under the June interim deal.

source: Al Jazeera →
Sep 6, 2026casualties

Lebanese MoH raises toll to 4,358 killed, 12,359 wounded since Mar 2

Lebanon's Ministry of Public Health said Israeli attacks have killed 4,358 people and wounded 12,359 since Mar 2, 2026 (up from 4,348 killed / 12,307 wounded, Aug 21), and that cumulative Israeli attacks since Oct 2023 have now killed nearly 9,000 people overall. The ministry separately said 179 attacks on ambulance crews since Mar 2 have killed 135 healthcare workers.

Sep 6, 2026casualties

IRGC retaliates on tankers, US-linked ships, drone; no new casualty figure

Iran's IRGC retaliated for CENTCOM's Sep 5 tanker strikes by hitting three oil tankers plus three US-linked vessels in the Strait of Hormuz and a US naval drone entering the strait; no casualties were confirmed on either side, and no new KIA/WIA figure resulted for any tracked category.

Sep 6, 2026ceasefire

IRGC hits tankers, US-linked ships, drone; Ghalibaf warns of harsher reply

Hours after CENTCOM's tanker strikes, Iran's IRGC Navy said it struck three oil tankers taking an "unauthorized route" through Hormuz plus three US-linked vessels, without confirming whether any were hit; it separately said it attacked a US naval drone entering the strait. Parliament speaker Ghalibaf warned Iran's "proportionate responses" are over and further US strikes will draw a "faster, heavier, more painful" reply. CENTCOM's blockade tally rose to 92 vessels redirected (from 87).

source: Al Jazeera →
Sep 5, 2026cost

IRGC strikes carrier; CENTCOM sinks tankers; Iran retaliates; no cost figure

Iran's IRGC fired ballistic missiles at a US carrier and destroyer (both evaded); CENTCOM retaliated by destroying tanker M/T Kylo and disabling M/T Downy and M/T Stark 1. Iran retaliated Sep 6, hitting three oil tankers and three US-linked vessels in Hormuz plus a US naval drone; Ghalibaf warned of a "faster, heavier, more painful" reply. Blockade tally rose to 92 vessels. No new official cost figure was released for this exchange.

Related Trackers

Distribution

Join the Weekly Brief

Weekly briefings, tracker revisions, and formal report launches from the MilitarySpend research desk.