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Operation Epic Fury

Operation Epic Fury: What It Is, Cost & Status

The US code name for the 2026 US–Israeli campaign against Iran — its phases, modeled cost, munitions, casualties, and the contested ceasefire, in one place.

By Roman Kukhalashvili · Updated Jun 4, 2026 · 153 sources
Edited by Roman · Jun 4, 2026
Operation nameOperation Epic Fury
StartedFebruary 28, 2026
Duration146 days
Current phaseCeasefire standby (modeled ~$95.00M/day)
Modeled cost to date~$37.95B
Ceasefire statusCeasefire since Apr 8, 2026 (contested)

What is Operation Epic Fury?

Operation Epic Fury is the US military code name for the joint US–Israeli campaign against Iran that began on February 28, 2026. Initial strikes hit Iranian military and nuclear installations and killed Supreme Leader Ali Khamenei. A Pakistan-brokered ceasefire took effect on April 8, 2026, but the conflict has not formally ended — standby positioning costs continue to accrue and intermittent exchanges have persisted since. MilitarySpend tracks the operation through a phased daily-cost model built on CSIS, Pentagon, and Penn Wharton Budget Model estimates, alongside casualty and ceasefire-status trackers.

All cost figures on this page are modeled estimates drawn from publicly available sources and should be independently verified before citation. The live counter and full methodology live on the US-Iran War cost tracker.

Phases & Timeline

MilitarySpend models the operation in three cost phases. Daily rates fall sharply as the US shifts from expensive stand-off munitions to cheaper gravity bombs and then to ceasefire standby.

Days 1–6 · Feb 28 – Mar 6

Initial strikes

~$1.88B/day

Peak intensity. Heavy stand-off munitions (Tomahawk cruise missiles at ~$3.5M each) and intensive Patriot PAC-3 / SM-3 interceptor use against Iranian drone and ballistic-missile barrages drove spending to a modeled ~$1.88B/day, per a Pentagon briefing to Congress.

Days 7–39 · Mar 6 – Apr 8

Sustained operations

~$500.00M/day

After establishing air dominance, the US shifted from expensive cruise missiles to cheaper gravity bombs (JDAMs at ~$80K each), and Iranian launches declined. CSIS senior adviser Mark Cancian estimated an ongoing rate near ~$500M/day.

Apr 8 onward · Apr 8 onward

Ceasefire standby

~$95.00M/day

Since the April 8 ceasefire, no munitions have been expended in sustained combat. Costs reflect forward-deployed carrier groups and standby positioning — a modeled ~$95M/day, aligned with CSIS's April 30 "under $100M/day" estimate.

For the full dated event log — opening strikes, the Strait of Hormuz closure, the April 8 ceasefire, and the exchanges since — see the Iran war timeline.

Cost of Operation Epic Fury

Modeled cost to date
~$37.95B

Over 146 days, MilitarySpend models the cumulative cost to US taxpayers at roughly $37.95B, using the phased daily-rate model above. The current phase is Ceasefire standby at a modeled ~$95.00M/day. For context, the Pentagon comptroller placed direct war costs at $29B as of May 12, 2026 — a figure that excludes base damage and longer-run economic effects.

trending_upOpen the live cost tracker

Munitions

rocket_launch~$758.00M/day

Tomahawk cruise missiles ($3.5M each), JDAMs ($80K each), Patriot PAC-3 and SM-3 interceptors. Largest cost driver — shifted from expensive stand-off weapons to cheaper gravity bombs after Day 4.

Modeled early-phase rate — early phase rate; declined significantly after munitions transition. Specific weapon counts beyond those disclosed in public CSIS and CRS reporting are not estimated here.

Casualties

Official figures place US military deaths at 13–15 (CENTCOM / CRS R48887), with hundreds wounded. Iranian military losses are disputed across a wide range, while Iran International documented 52 senior Iranian officials and commanders killed — including Supreme Leader Khamenei. Civilian and regional tolls, especially in Lebanon, are tracked separately with source flags and confidence ratings.

See the full Iran War Casualties tracker →

Ceasefire Status

A Pakistan-brokered ceasefire took effect on April 8, 2026, and the US extended the cessation of hostilities indefinitely on April 21. Secretary of State Rubio declared the offensive stage "concluded" on May 6, but the truce remains contested: standby costs continue to accrue and intermittent US–Iran exchanges have persisted, so the conflict is officially paused rather than concluded.

Check the live ceasefire status tracker →

Frequently Asked Questions

What is Operation Epic Fury?

Operation Epic Fury is the US military code name for joint US–Israeli operations against Iran, which began on February 28, 2026. Initial strikes hit Iranian military and nuclear installations and killed Supreme Leader Ali Khamenei. A Pakistan-brokered ceasefire took effect April 8, 2026.

When did Operation Epic Fury start?

Operation Epic Fury began on February 28, 2026, when joint US–Israeli strikes hit Iranian military and nuclear installations.

How much has Operation Epic Fury cost?

As of day 146, the modeled total cost to US taxpayers is approximately $37.95B. The estimate uses a phased model: ~$1.88B/day for the first 6 days (Pentagon briefing), ~$500M/day for sustained operations (CSIS), and ~$95M/day during the ceasefire standby since April 8. The Pentagon comptroller placed direct war costs at $29B as of May 12, 2026.

Is Operation Epic Fury over?

Not formally. A Pakistan-brokered ceasefire took effect on April 8, 2026, and the US extended the cessation of hostilities indefinitely on April 21. Secretary of State Rubio declared the offensive stage "concluded" on May 6, but standby costs continue to accrue and intermittent US–Iran exchanges have persisted, so the conflict is officially paused rather than concluded.

What munitions were used in Operation Epic Fury?

Munitions and interceptors were the largest early cost driver. The opening phase relied on Tomahawk cruise missiles (~$3.5M each) and Patriot PAC-3 and SM-3 interceptors against Iranian drones and ballistic missiles. After establishing air dominance around Day 4, the US shifted to cheaper JDAM gravity bombs (~$80K each), sharply reducing the daily munitions rate. These are modeled early-phase figures from CSIS analysis.

How many people have died in Operation Epic Fury?

Official figures place US military deaths at 13–15 (CENTCOM / CRS R48887). Iranian military deaths are disputed across a wide range, and Iran International documented 52 senior Iranian officials and commanders killed, including Supreme Leader Khamenei. Civilian and regional tolls — including Lebanon — are tracked separately. See our Iran War Casualties tracker for the full source-flagged breakdown.

Who is paying for Operation Epic Fury?

US taxpayers fund the operation through the Department of Defense budget. As of June 2026, no supplemental funding request had been passed by Congress; internal estimates of a future ask have ranged from $50B to $200B+.

Related Trackers

Sources

[1]
Estimated Cost of Epic Fury's First 100 HoursCSIS
[2]
Cost Update: $11.3B at Day 6, $16.5B at Day 12CSIS
[3]
Is the Iran War Costing $2bn Per Day?Al Jazeera
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How Much the War With Iran Costs Every DayCNN
[5]
Casualties and Cost of the War in IranNPR
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How Much is the War Costing Taxpayers?National Priorities
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How Much Operation Epic Fury Costs Every DayABC News
[8]
U.S. Conflict with Iran (R48887)CRS
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Why Is the War in Iran So Expensive?Harvard Kennedy School
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Costs of War ProjectBrown University
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Iran War's True Cost Closer to $50 Billion, Not $25 BillionCBS News
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US Military Equipment Worth Billions Destroyed in Iran WarAl Jazeera
[13]
Expert: Iran War Cost $72 Billion Over First Two MonthsResponsible Statecraft
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Trump Says Ceasefire on "Life Support," Slams Iran ResponseAl Jazeera
[15]
Iran War Updates: U.S. Carries Out 10th Night of Strikes After 3 U.S. Troops Killed, Nearly 100 Injured in Recent WeeksCBS News
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Yemen's Houthis Declare Naval Blockade on Saudi Arabia, Widening Threat to Global Oil SuppliesNBC News
[17]
How Much Has the Iran War Actually Cost? A Lot More Than $25 BillionReason
[18]
Cost of Iran War Up to $29B as Lawmakers Push for DetailsStars and Stripes
[19]
Pentagon Gives New $29bn Iran War Price Tag, Downplays Munitions ConcernsAl Jazeera
[20]
Price Tag for Iran War Ticks Up to $29B, Not Including Base DamageBreaking Defense
[21]
U.S. Aircraft Combat Losses in Operation Epic Fury: Considerations for Congress (IN12692)CRS
[22]
42 Aircraft Lost or Damaged in Operation Epic Fury, Congressional Report SaysStars and Stripes
[23]
Estimated Costs of Epic Fury and the Potential Supplemental RequestAEI
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Iran War Spending Drains US Military Budgets, Triggering Cancelled Trainings, Delayed MaintenanceCNN
[25]
Congress Waits on Iran-War Costs While Mulling $1.5T Defense RequestDefense One
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US Attacks Iran After Apache Helicopter Downed in Strait of HormuzAl Jazeera
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Hegseth Defends Second Night of US Strikes on Iran: "Negotiate with Bombs"Al Jazeera
[28]
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Trump Claims Iran War Settled "Subject to Finalization," Expects Signing in "Next Few Days"CNBC
[30]
Trump Now Says a Peace Deal Will Be Announced "Soon," Cancels Further StrikesNPR
[31]
IAEA Board Passes Resolution Demanding Iran Nuclear ReportingJNS
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Pakistan: "Final, Agreed Upon Text" of Deal to End Iran War ReachedThe Hill
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Live Updates: Pakistan Says U.S.-Iran Deal Text Has Been Reached; Iran Holding "Final" DeliberationsNBC News
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Pakistani PM Says Final Text of US-Iran Peace Deal Has Been ReachedRFERL
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Iran War Live: US, Tehran Signal Peace Deal Within Reach But Not Signed YetAl Jazeera
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Trump Says Iran Deal "Now Complete" — Blockade To End, Hormuz To OpenRFE/RL
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G7 Summit 2026: Iran Hormuz Deal at EvianTechTimes
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[42]
JD Vance Says Iran Could Get $300B Reconstruction Fund if US Peace Terms MetThe Hill
[43]
Trump Says the Strait of Hormuz Is Reopened. But Most Ships Are Staying PutCNN Business
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Signing of MOU on US-Iran Peace Deal to Take Place at Bürgenstock on June 19Tribune India / Swiss Foreign Ministry
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Iran War Day 109: Tehran, Washington Sign MOU Electronically; Israel Lebanon Violations Complicate DealAl Jazeera
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Israel's Stance on Lebanon Ceasefire Complicates US-Iran DealNPR
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Trump Signs MOU with Iran Ending War While at Versailles with Emmanuel MacronThe Hill
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Trump Signs Iran Deal During Macron Dinner at Versailles; MoU Comes Into ForceWION
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Trump and Iran's President Digitally Sign MOU With Terms to End WarNBC News
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Trump Signs Deal With Iran, Which Says 'Now It's Time to Test the Implementation'Times of Israel
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Vance Postpones Iran Talks Trip to SwitzerlandAxios
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Lebanon's Death Toll from Israeli Strikes Reaches 3,884 — Health MinistryTASS
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U.S. Naval Destroyers Have Crossed the Strait of Hormuz, CENTCOM SaysCBS News
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First round of US-Iran talks in Switzerland called off, clouding prospects for lasting truceTimes of Israel
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23 killed in Nabatieh Governorate in Israeli strikes on Jun 19TASS
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Iran waives Hormuz transit fees during 60-day MOU negotiation periodBusinessToday.in
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Witkoff departs for Switzerland; Araghchi plans Saturday travel for Iran-US implementation talksAxios
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Pentagon Tells US Lawmakers It Needs $80 Billion for Iran War and Other BillsWSJ / Defense News
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Iran Says Strait of Hormuz Shut as US-Iran Talks Set for Sunday in SwitzerlandNPR
[60]
Iran Says Strait of Hormuz Is Closed Over Ceasefire Violations After Continued Israeli Strikes in LebanonNBC News
[61]
Iran Army Declares Strait of Hormuz "Closed" Over MOU "Breach"Newsweek
[62]
Lebanon Reports 3,912 Killed Since Escalation Began — Health MinistryTASS
[63]
Death Toll from Israeli Attacks on Lebanon Reaches 3,980 — Health MinistryTASS
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At Least Five Killed in Israeli Strikes on South Lebanon Despite CeasefireCNBC
[65]
JD Vance Heads to Switzerland to Accelerate Peace Talks as Iran Threatens to Close Strait of Hormuz — Live UpdatesCBS News / Fox News
[66]
US and Iran Agree on Roadmap Toward Final Deal; Lebanon De-Confliction Cell Established at Bürgenstock TalksCNBC
[67]
Trump Claims Iran Agreed to Nuclear Inspections; Iran FM Baghaei Denies Any New CommitmentsTimes of Israel
[68]
Iran Rejects Trump Claim of Nuclear Inspection Deal; FM Baghaei: "No New Commitments"Washington Post
[69]
Iran War Live Updates: Hormuz Sees 35-36 Vessel Transits — Busiest Day Since War BeganCBS News
[70]
White House Submits $87.6B Iran War Supplemental to CongressCNBC
[71]
Congress Receives $87.6B Iran War Supplemental; Majority for DoDStars and Stripes
[72]
Democrats Blast $87.6B Iran War Supplemental; Republicans Divided on War PowersThe Hill
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IAEA Director General Grossi: Iran Nuclear Inspections "Going to Happen" Despite Tehran PushbackNPR
[74]
IAEA Chief Grossi Says Iran Inspections Will Happen Despite Tehran ResistanceEuronews
[75]
Lebanon-Israel Washington Talks Described as "Train Wreck" by Israeli Ambassador Leiter; Least Productive RoundTimes of Israel
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Senate Passes Iran War Powers Resolution 50-48; Four Republicans Vote YesNPR
[77]
Israel-Lebanon Framework Signed at State Department; Hezbollah Rejects DealAP / Reuters
[78]
US CENTCOM Strikes Iran (Qeshm/Hormuz) — First Since MOU; IRGC Claims Response on US BasesCBS News / Fox News
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IAEA DG Grossi: "War of Statements" on Nuclear Access; "What Is Undeniable Is That We Have an MOU"Reuters
[80]
Live Updates: June 28, 2026 — IRGC Drone Strikes M/T Kiku; CENTCOM Retaliates with 10 Targets in/near HormuzTimes of Israel
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US Launches Second Night of Strikes Against Iran After Ship Struck by DroneAl Jazeera
[82]
US Strikes Iran for Second Consecutive Night After Tanker Attack in Strait of HormuzNPR
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US Military Says It Struck Multiple Targets in Iran as Ceasefire Is Strained by 2nd Day of AttacksPBS NewsHour
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Tanker Struck by Drone Near Strait of Hormuz Amid Ceasefire TensionsIndexBox
[85]
Tanker Struck in Strait of Hormuz as US-Iran Tensions EscalateCNBC
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US-Iran Stand Down for Now; Both Sides Agree to Doha Talks June 30The Hill
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Hezbollah Rejects Israel-Lebanon Framework; Lebanese MoH 4,246 Killed / 12,190 WoundedAl Jazeera
[88]
Iran War Live: Qatar's PM Meets US Envoys; Tehran Holds Firm on ConditionsAl Jazeera
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Live Updates: US Envoys in Qatar for Talks with Mediators About IranCNN
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U.S.-Iran Latest: Trump Hails "Very Good Meetings" in Qatar as Indirect Negotiations ResumeCBS News
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Qatar: US, Iran Agree to Hold Further Negotiations Following Khamenei FuneralTimes of Israel
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U.S., Iran Conclude Two Days of Indirect Talks in Qatar with Major Questions Left UnresolvedWashington Times
[93]
Iran, Oman to Jointly Charge Fees Along Strait of Hormuz: ReportMiddle East Eye
[94]
Preparations for Khamenei's Funeral Enter Final StretchIsrael Hayom
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Sailor Missing After Helo Assigned to USS George H.W. Bush Ditches in Arabian SeaUSNI News
[96]
Months After U.S. and Israeli Strikes, Iran Readies Massive Funeral for KhameneiNBC News
[97]
Iran Warns Oil Tankers to Use Approved Routes in Strait of Hormuz or Face a "Forceful Response"PBS NewsHour
[98]
Live Updates: Slain Supreme Leader's Casket on Display as Iran Prepares for Days of Funeral ProcessionsCNN
[99]
Iran Envoy Says Friendly Nations to Get "Special" Hormuz Fee TreatmentJapan Times / Oman Observer / WION
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Iran War Live: Huge Crowds Mourn Khamenei, Trump Vows Calm During FuneralAl Jazeera
[101]
US-Iran Negotiations Reportedly Set to Resume July 11, Will Include Nuclear TalksCBS News / Yahoo-AP
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OMB Director Says Iran War Has Cost $30 BillionAir & Space Forces Magazine
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Hormuz Traffic Quadruples as Confidence in US-Iran Ceasefire BuildsSemafor
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US Launches Strikes on Southern Iran, Tehran Vows "Crushing Response"Al Jazeera
[106]
Hormuz Sees Biggest Day of Attacks Since US-Iran Peace DealBloomberg
[107]
Trump Says Ceasefire With Iran Is "Over" As NATO Summit WrapsNPR
[108]
Trump Threatens Iran, Warns of Renewed Strait of Hormuz Naval BlockadeThe Hill
[109]
With Iran Ceasefire "Over," Trump Shifts to Battle for HormuzAxios
[110]
The Real Cost of the Iran War: $103 Billion in 120 DaysPopular Information
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Iran War Supplemental Deepens FY27 Budget UncertaintyGovernment Executive
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CENTCOM Says It Completed Another Round of Strikes on IranMiddle East Monitor
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Iran Health Ministry: 14 Killed in Two Days of US StrikesAsharq Al-Awsat
[114]
Iran Launches Retaliatory Strikes on Gulf States as Trump Warns US Bombing Could Get Much WorseEuronews
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Iran War Live: US Demands Iran Publicly State Strait of Hormuz Open for AllAl Jazeera
[116]
Trump Says U.S. Agreed to Iran's Request to Continue Talks, but Ceasefire Is OverNBC News
[117]
More LNG, Japan-Linked Vessels Transit Hormuz Despite Renewed Mideast TensionsgCaptain
[118]
Oil Tanker Traffic Through Hormuz at Near Standstill as Attacks Strain MoUgCaptain
[119]
Trump Threatens Iran After Ayatollah Ali Khamenei's Funeral Saw Calls For His KillingNPR
[120]
Iran's New Supreme Leader Vows Revenge for Father's Death as Trump Warns Against Any 'Attempt to Assassinate' HimNBC News
[121]
Araghchi Arrives in Oman for Talks on Strait of Hormuz as Ceasefire With US Hangs in BalanceThe National
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[123]
U.S. Launches New Iran Strikes After IRGC Declares Strait of Hormuz 'Closed'Axios
[124]
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[125]
Iran War Live: US Bombs Iranian Port Cities as IRGC Closes Strait of HormuzAl Jazeera
[126]
Iran Attacks Five Gulf Nations, Shuts Hormuz After US Bombing: All to KnowAl Jazeera
[127]
U.S. Forces Complete Another Round of Strikes Against IranCENTCOM
[128]
US Military Says It Is Carrying Out a Fresh Wave of Strikes Across IranTimes of Israel
[129]
'We're Beating Them Up': Trump as US Strikes IRGC Boats, Missiles Around Strait of HormuzBusinessToday.in
[130]
US Strikes Iran, Tehran Says Strait of Hormuz Closed, Gulf States HitManila Times
[131]
US Military Death Toll in Iran War Rises to 14 After Navy Pilot Death This MonthWashington Times
[132]
UAE Says Iran Hit Two of Its Tankers, Killing One Crew MemberThe Hill
[133]
U.S. and Iran Exchange Strikes as Strait of Hormuz Standoff EscalatesCNBC
[134]
In First, US Uses Sea Drones in Combat in Iran Strikes: CENTCOMBreaking Defense
[135]
US Strikes Iran for Fourth Day in a Row, Naval Blockade ResumesStars and Stripes
[136]
Republicans Ready to Ram Iran War Spending Through Congress Without Democrats' VotesWashington Times
[137]
Iran Strikes on Kuwait Are the Worst Since June Airport AttackBloomberg
[138]
Iran War Cost Could Be as Much as $100 BillionNBC News
[139]
Cost of Iran War Grows, as Trump Throws Its End Into QuestionThe Hill
[140]
US Military Targets Iran's Island in Fifth Day of StrikesThe Hill
[141]
House Republicans Unveil a $95 Billion Plan for the Iran War, Farm Aid and ElectionsFederal News Network
[142]
US Attacks Southern Iran, as Tehran Hits Gulf Countries: What's the Latest?Al Jazeera
[143]
U.S. Disables Ship a Day Into Blockade, Strait of Hormuz Transits Hit Low As Risk Appetite FallsUSNI News
[144]
Two US Service Members Killed, One Missing Following Iranian Strikes in JordanCNN
[145]
Iran Supreme Leader Accuses Trump of Violating Deal, Vows Forceful ResponseAxios
[146]
Iran Hits Second Power and Water Plant in Kuwait After Another Night of US StrikesThe National
[147]
House Republicans Push $95 Billion for Iran War, Election Measures and Farm AidNBC News
[148]
Hegseth Says Iran War Has Cost $37.5 BillionAssociated Press
[149]
Hegseth Says Iran War Has Cost $37.5 Billion. Sources Say the Total Price Tag Could Be Far More.CBS News
[150]
CENTCOM Begins Eleventh Consecutive Night of Strikes on IranJerusalem Post
[151]
On Iran, a $37 Billion Price Tag and No Answers on How It EndsCNN Politics
[152]
Iran War's $37bn Price Tag: Why Does the Pentagon Want $67bn More?Al Jazeera
[153]
For a 2nd Time, House Approves Resolution to End the War in IranNPR

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