The Iran-backed terrorist group announced a maritime embargo against Saudi Arabia on July 20, threatening access to a key waterway in the Red Sea.
Secretary of War Pete Hegseth offered the cost estimate while testifying in favor of a supplemental funding package for the U.S. military.
Former President Reagan suspended flights from the United States to Lebanon following the hijacking of TWA Flight 847 by suspected Hezbollah terrorists.
U.S. officials say Iran may have stored nuclear centrifuges at the heavily fortified site.
The War Department identified Sgt. Michael Swinton as the third soldier killed in action by Iranian strikes against US bases over the weekend.
The Paris-based body also warned that violence in the Red Sea between Houthi terrorists in Yemen and Saudi Arabia were also fuelling worries.
Renewed attacks on Gulf countries and ships in the Strait of Hormuz deepen regional tensions even as mediators continue to pursue a diplomatic resolution.
The move is part of the framework agreed between Beirut and Jerusalem in Washington last month.
Israeli officials said that Al-Hayya was among those targeted in the 2025 Doha strike.
Qatar described the Iranian attacks as a ‘flagrant violation’ of its sovereignty, security, and territorial integrity.
Three U.S. service members have been killed in recent days, prompting the United States to launch retaliatory strikes against the adversary.
‘Benjamin Netanyahu will not be arrested, in any way, shape, or form, while in the United States of America,’ the U.S. president said.
The U.S. military launched additional strikes against Iran following the deadly Iranian attacks on Muwaffaq Salti Air Base on July 17.
The alert was issued after the United States launched strikes against Iran for a ninth straight day on Sunday evening .
The statement Monday from the terrorist organization did not clarify exactly what a maritime embargo would entail.
Kuwait, Bahrain, and Jordan reported new security incidents as the conflict widened across the Gulf.
Brent crude prices briefly climbed above $91 per barrel before retreating on renewed diplomatic hopes.
Trump said the latest strikes were conducted in honor of the three U.S. service members who were killed in recent Iranian attacks.
Two other U.S. service members died in an attack in Jordan, the U.S. Central Command said.
The newer, revised Russia sanctions legislation was introduced on July 16 with more than 60 bipartisan cosponsors.