WASHINGTON: The United States has spent a record of at least $17.9 billion on military aid to Israel since the war in Gaza began and led to escalating conflict around the Middle East, according to a report for Brown University’s Costs of War project, released Monday on the anniversary of Hamas’ attacks on Israel.
An additional $4.86 billion has gone into stepped-up US military operations in the region since the Oct. 7, 2023, attacks, researchers said in findings first provided to The Associated Press. That includes the costs of a Navy-led campaign to quell strikes on commercial shipping by Yemen’s Houthis, who are carrying them out in solidarity with the fellow Iranian-backed group Hamas.
The report — completed before Israel opened a second front, this one against Iranian-backed Hezbollah militants in Lebanon, in late September — is one of the first tallies of estimated US costs as the Biden administration backs Israel in its conflicts in Gaza and Lebanon and seeks to contain hostilities by Iran-allied armed groups in the region.
The financial toll is on top of the cost in human lives: Hamas militants killed more than 1,200 people in Israel a year ago and took others hostage. Israel’s retaliatory offensive has killed nearly 42,000 people in Gaza, according to the territory’s Health Ministry, which does not distinguish between civilians and combatants in its count.
At least 1,400 people in Lebanon, including Hezbollah fighters and civilians, have been killed since Israel greatly expanded its strikes in that country in late September.
The financial costs were calculated by Linda J. Bilmes, a professor at Harvard’s John F. Kennedy School of Government, who has assessed the full costs of US wars since the Sept. 11, 2001, attacks, and fellow researchers William D. Hartung and Stephen Semler.
Here’s a look at where some of the US taxpayer money went:
Record military aid to Israel
Israel — a protege of the United States since its 1948 founding — is the biggest recipient of US military aid in history, getting $251.2 billion in inflation-adjusted dollars since 1959, the report says.
Even so, the $17.9 billion spent since Oct. 7, 2023, in inflation-adjusted dollars, is by far the most military aid sent to Israel in one year. The US committed to providing billions in military assistance to Israel and Egypt each year when they signed their 1979 US-brokered peace treaty, and an agreement since the Obama administration set the annual amount for Israel at $3.8 billion through 2028.
The US aid since the Gaza war started includes military financing, arms sales, at least $4.4 billion in drawdowns from US stockpiles and hand-me-downs of used equipment.
Much of the US weapons delivered in the year were munitions, from artillery shells to 2,000-pound bunker-busters and precision-guided bombs.
Expenditures range from $4 billion to replenish Israel’s Iron Dome and David’s Sling missile defense systems to cash for rifles and jet fuel, the study says.
Unlike the United States’ publicly documented military aid to Ukraine, it was impossible to get the full details of what the US has shipped Israel since last Oct. 7, so the $17.9 billion for the year is a partial figure, the researchers said.
They cited Biden administration “efforts to hide the full amounts of aid and types of systems through bureaucratic maneuvering.”
Funding for the key US ally during a war that has exacted a heavy toll on civilians has divided Americans during the presidential campaign. But support for Israel has long carried weight in US politics, and Biden said Friday that “no administration has helped Israel more than I have.”
US military operations in the Middle East
The Biden administration has bolstered its military strength in the region since the war in Gaza started, aiming to deter and respond to any attacks on Israeli and American forces.
Those additional operations cost at least $4.86 billion, the report said, not including beefed-up US military aid to Egypt and other partners in the region.
The US had 34,000 forces in the Middle East the day that Hamas broke through Israeli barricades around Gaza to attack. That number rose to about 50,000 in August when two aircraft carriers were in the region, aiming to discourage retaliation after a strike attributed to Israel killed Hamas political leader Ismail Haniyeh in Iran. The total is now around 43,000.
The number of US vessels and aircraft deployed — aircraft carrier strike groups, an amphibious ready group, fighter squadrons, and air defense batteries — in the Mediterranean, Red Sea and Gulf of Aden has varied during the year.
The Pentagon has said another aircraft carrier strike group is headed to Europe very soon and that could increase the troop total again if two carriers are again in the region at the same time.
The fight against the Houthis
The US military has deployed since the start of the war to try to counter escalated strikes by the Houthis, an armed faction that controls Yemen’s capital and northern areas, and has been firing on merchant ships in the Red Sea in solidarity with Gaza. The researchers called the $4.86 billion cost to the US an “unexpectedly complicated and asymmetrically expensive challenge.”
Houthis have kept launching attacks on ships traversing the critical trade route, drawing US strikes on launch sites and other targets. The campaign has become the most intense running sea battle the Navy has faced since World War II.
“The US has deployed multiple aircraft carriers, destroyers, cruisers and expensive multimillion-dollar missiles against cheap Iranian-made Houthi drones that cost $2,000,” the authors said.
Just Friday, the US military struck more than a dozen Houthi targets in Yemen, going after weapons systems, bases and other equipment, officials said.
The researchers’ calculations included at least $55 million in additional combat pay from the intensified operations in the region.
US spends a record $17.9 billion on military aid to Israel since last Oct. 7
https://arab.news/8tpbq
US spends a record $17.9 billion on military aid to Israel since last Oct. 7

- An additional $4.86 billion has gone into stepped-up US military operations in the region since the Oct. 7, 2023, attacks
Israel says bodies of two hostages retrieved from Gaza

- Yair Yaakov was seized in the Hamas-led October 7, 2023 attack on Israel and killed the same day
JERUSALEM: Israeli forces have retrieved the bodies of two hostages from the Gaza Strip, the military and Prime Minister Benjamin Netanyahu said Wednesday, as Israel presses its offensive in the Palestinian territory.
A military statement said a joint operation by the army and the Shin Bet security agency recovered the bodies of Yair Yaakov and “an additional hostage whose name has not yet been cleared for publication” from the Khan Yunis area of southern Gaza.
Yaakov, a member of Kibbutz Nir Oz, was 59 when he was seized in the Hamas-led October 7, 2023 attack on Israel and killed the same day.
The military statement said he had been abducted and killed by fighters from Islamic Jihad, a Hamas ally.
Yaakov was abducted along with his partner Meirav Tal, as they sheltered in their safe room in Nir Oz.
She was freed on November 28, 2023 during the first truce.
Abducted separately at the home of their mother, Yair’s two children Yagil and Or were also released on November 27 during the first truce.
Nir Oz was one of the communities hit hardest by the attack, with nearly a quarter of its residents killed or taken hostage.
Milei says Argentina to move Israel embassy to Jerusalem in 2026

- “I am proud to announce before you that in 2026 we will make effective the move of our embassy to the city of west Jerusalem,” Milei told Israeli parliament Wednesday
JERUSALEM: Argentine President Javier Milei said Wednesday his country would move its embassy in Israel to Jerusalem, the status of which is one of the most delicate issues in the Israel-Palestinian conflict.
“I am proud to announce before you that in 2026 we will make effective the move of our embassy to the city of west Jerusalem,” Milei said in a speech in the Israeli parliament during an official state visit.
Argentina’s embassy is currently located near the coastal city of Tel Aviv.
Several countries, including the United States, Paraguay, Guatemala and Kosovo, have moved their embassies to Jerusalem, breaking with international consensus.
Israel has occupied east Jerusalem since 1967, later annexing it in a move not recognized by the international community.
Israel treats the city as its capital, while Palestinians want east Jerusalem to become the capital of a future state.
Most foreign embassies to Israel are located in the coastal hub city of Tel Aviv in order to avoid interfering with negotiations between Israelis and Palestinians.
In 2017, during his first term as US president, Donald Trump unilaterally recognized Jerusalem as Israel’s capital, sparking Palestinian anger and the international community’s disapproval.
The United States transferred its embassy to Jerusalem in May 2018.
Syrian, Egyptian foreign ministers hold talks at Oslo Forum

- Lawmakers exchange views on challenges to regional security
LONDON: The foreign ministers of the Syrian Arab Republic and Egypt held talks on Wednesday on the sidelines of the Oslo Forum 2025 in Norway.
Asaad al-Shaibani and Badr Abdelatty discussed ways to improve collaboration between their countries and exchanged views on the challenges to security and stability in the region, the Syrian Arab News Agency reported.
Saudi Minister of Foreign Affairs Prince Faisal bin Farhan also met Abdelatty on the sidelines of the forum to discuss bilateral relations and the escalating situation in the Gaza Strip and occupied West Bank.
The Oslo Forum is an annual event organized by the Norwegian Ministry of Foreign Affairs in collaboration with the Center for Humanitarian Dialogue in Switzerland. It provides a platform for global leaders, decision-makers and conflict mediators to share their experiences and discuss pathways to peace.
Smotrich’s move to cut bank ties risks Palestinian supply crisis

- The waiver had allowed Israeli banks to process shekel payments for services and salaries tied to the Palestinian Authority, without the risk of being charged with money laundering and funding extremism
JERUSALEM: An Israeli move to cut off cooperation with Palestinian banks could halt the supply of essential goods such as food and fuel to the Palestinian territories, the Palestinian Monetary Authority said on Wednesday.
Israeli Finance Minister Bezalel Smotrich ordered the cancelation of a waiver on cooperation between Israeli and Palestinian banks on Tuesday.
This move risks the Palestinian banking system, trade, and overall economy. Israeli banks Hapoalim and Israel Discount Bank work with Palestinian banks.
Some 53 billion shekels ($15.2 billion) were exchanged at Palestinian banks in 2023, official data show.
BACKGROUND
Israeli Finance Minister Bezalel Smotrich ordered the cancelation of a waiver on cooperation between Israeli and Palestinian banks on Tuesday.
Canceling the waiver would require approval by Israel’s security Cabinet. No date for a vote has been set, and it was not clear whether it would pass.
The PMA said it was following developments and warned that such disruption posed a serious threat to Palestinian access to basic goods and services.
It noted it has ongoing coordination with the political leadership and international community to safeguard correspondent banking relationships.
“These efforts are vital to ensuring the continuity of commercial transactions and the payment of essential imports and services, including food, electricity, water, and fuel,” the PMA said.
Smotrich said his decision came against the “delegitimization campaign” by the Palestinian Authority against Israel globally.
The waiver had allowed Israeli banks to process shekel payments for services and salaries tied to the Palestinian Authority, without the risk of being charged with money laundering and funding extremism.
Without it, Palestinian banks would be cut off from the Israeli financial system.
The PMA said depositors’ funds within the Palestinian banking sector are secure and that the banking system remains integrated with the global financial network through a broad range of correspondent banks and continues to provide services to individuals and businesses domestically and internationally.
Smotrich, under US pressure, had in late 2024 signed a waiver to extend cooperation between Israeli and Palestinian banks through November 2025.
In the past, Smotrich sought to end the waiver but ultimately signed it due to pressure from the US and Prime Minister Benjamin Netanyahu.
His latest decision came hours after the UK and four other nations imposed sanctions on him and another far-right minister, accusing them of inciting violence in the West Bank.
The sanctions included a freeze on assets and travel bans.
Israel’s Foreign Minister Gideon Saar said the action by the five countries was “outrageous.”
Egypt backs ‘pressure on Israel’ but says Gaza actions need approval

- Foreign ministry says foreign delegations seeking to visit border area with Gaza must receive prior official approval
CAIRO: Egypt said on Wednesday that it backs efforts to put “pressure on Israel” to lift its blockade on Gaza, but added that any foreign delegations seeking to visit the border area must receive prior approval through official channels.
Egypt “asserts the importance of putting pressure on Israel to end the blockade on the (Gaza) Strip,” the foreign ministry said as hundreds of activists in a Gaza-bound convoy head to the Egyptian border on their way to the besieged Palestinian territory, but added “we will not consider any requests or respond to any invitations submitted outside the framework defined by the regulatory guidelines and the mechanisms followed in this regard.”