, March 12 -- The conflict with Iran is already costing the United States and its allies billions of dollars in military spending, and analysts say the expenses could rise significantly.

Estimates from several think tanks cited by CNN suggest the war is currently costing around $891.4 million per day, as US forces deploy aircraft carriers, fighter jets, bombers and ground troops throughout the region.

However, the overall cost extends far beyond military hardware and operations. The conflict is beginning to affect the global economy, driving up oil prices, disrupting airline and shipping routes, and increasing the cost of transporting goods worldwide.

With no clear resolution in sight, experts warn that the economic and financial burde...