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Former U.S. President Donald Trump is reportedly searching for a way to withdraw from the ongoing Iran war, which began on February 28. The conflict has proven extremely expensive, with the United States spending between $890 million and $1 billion daily, while Israel has spent $112 billion in total. Post-war reconstruction in Saudi Arabia and other Gulf states is expected to cost hundreds of billions, with Saudi Arabia alone needing over $600 billion to restore its oil and gas infrastructure.

The United Arab Emirates has suffered severe damage to civilian and energy facilities from drone and missile strikes and has begun informal discussions with the U.S. about economic assistance. According to the Wall Street Journal, the UAE’s central bank chief recently sought a currency swap with the U.S. Federal Reserve after losing significant oil revenue due to Hormuz Strait disruptions. Meanwhile, Iran has demanded $2.7 trillion in war compensation from several Arab states.

The White House confirmed that Trump remains interested in financial burden-sharing similar to the 1991 Gulf War. However, rising costs and Gulf nations’ demands for U.S. aid could strain the American economy and weaken the dollar’s global position.

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