The Pentagon has acknowledged a "munitions shortfall" resulting from the US-Israeli war against Iran, contradicting President Trump's repeated claims that American weapons stockpiles remain fully replenished. A report presented to Congress found the campaign, codenamed Operation Epic Fury, had cost an estimated $33.4billion by 30 June, with officials warning of inventory gaps and bottlenecks in the industrial base needed to resupply munitions, raising concerns for allies such as Ukraine and Taiwan who depend on US arms exports.

The report covers the period from 28 February to 30 June, with $22.3billion spent on expended munitions alone, and notes that expanding production capacity will require significant lead time. Losses documented include four destroyed F-15 fighters, one damaged F-35, seven damaged KC-135 tankers and up to 30 destroyed MQ-9 Reaper drones, alongside strikes on US bases across the Gulf region and the Bahrain logistics hub. Fourteen US service members died and 417 were wounded, while Trump insisted on Truth Social that the US is producing "more Exquisite and Elite Weapons than at any time in our History"; separately, UK fuel prices have hit their highest levels since 2022 amid the conflict's fallout.