Trump’s war a $15 billion budget hit – and it could get much worse

US President Donald Trump’s war with Iran has forced the government to spend an extra $15 billion over four years, slashing economic growth forecasts and spurring warnings of a disastrous spike in inflation if the conflict drags on and oil prices surge to as much as $US200 a barrel.

Opens the original publisher in a new tab. Full articles belong to their publishers; a subscription may be required.