IV. Case Studies

The following tables record documented costs and returns for Iran, Iraq, Libya, and Post-911 wars in oil-producing countries.

All monetary figures in the tables below are expressed in constant 2024 U.S. dollars unless otherwise noted. Historical dollar amounts were adjusted using the U.S. Bureau of Labor Statistics Consumer Price Index (CPI) Inflation Calculator. https://www.bls.gov/data/inflation_calculator.htm

Iran (1953)

Line ItemCostsReturns
Direct U.S. War Spending$11 million
U.S. Revenue$0
Additional U.S. SupplyNone
American Military Deaths0
American Military Injuries0
Civilian Deaths (Iran)200–300 estimated
Civilian Injuries (Iran)Unknown
Infrastructure Damage (Iran)Limited urban damage in Tehran
Oil Production Infrastructure DamageNone

Net Ledger Summary: U.S. spending: $11 million. U.S. revenue: $0. Additional supply: none.


Iraq (2003)

Line ItemCostsReturns
Direct U.S. War Spending$1.1 trillion through 2011
U.S. Revenue$0
U.S. Consumer Oil BenefitNone documented
American Military Deaths4,491
American Military Injuries32,222 wounded in action
Civilian Deaths (Iraq)184,000–207,000
Civilian Injuries (Iraq)Unknown
Infrastructure Damage (Iraq)40% water treatment destroyed; 80% electricity capacity offline; reconstruction $76–135 billion
Oil Production Infrastructure Damage2.6 M bpd (2002) → 1.3 M bpd (2003); pre-war levels not reached until 2012

Net Ledger Summary: U.S. spending: $1.1 trillion. U.S. revenue: $0. Additional supply: none.


Libya (2011)

Line ItemCostsReturns
Direct U.S. War Spending$1.5 billion through Oct 2011
U.S. Revenue$0
U.S. Consumer Oil BenefitNone documented
American Military Deaths0
American Military Injuries0
Civilian Deaths (Libya)2,000–25,000 estimated range
Civilian Injuries (Libya)Unknown
Infrastructure Damage (Libya)5,900+ military targets struck
Oil Production Infrastructure Damage1.6 M bpd → near zero during fighting

Net Ledger Summary: U.S. spending: $1.5 billion. U.S. revenue: $0. Additional supply: none.


Post-9/11 Wars (Aggregate)

Line ItemCostsReturns
Direct U.S. War Spending$2.9 trillion through FY 2022
U.S. Revenue$0
U.S. Consumer Oil BenefitNone documented
American Military Deaths7,057 across theaters
American Military Injuries53,318 wounded in action
Civilian Deaths (Host Countries)363,000–387,000 (Afghanistan, Iraq, Syria, Yemen, Pakistan)
Civilian Injuries (Host Countries)Unknown
Infrastructure DamageSyria $226 billion; Afghanistan 70% lacked clean water by 2021
Oil Production Infrastructure DamageIraq/Syria production collapsed as documented

Net Ledger Summary: U.S. spending: $2.9 trillion. U.S. revenue: $0. Additional supply: none.


Sources for this article are collected in the Bibliography and Methodology.


Regime Change Wars: The Public Ledger — full series navigation

Executive Summary — Purpose and findings
https://dittany.com/executive-summary-regime-change-wars/
II. Scope, Definitions, and Accounting Rules
https://dittany.com/ii-scope-definitions-accounting-rules/
III. Promised and Implied: What Would Have Counted
https://dittany.com/iii-the-promise-stated-and-implied/
IV. Case Studies – this page
V. Long-Term Costs
https://dittany.com/v-long-term-costs/
VI. Opportunity Costs
https://dittany.com/vi-opportunity-costs/
VII. Distribution of Benefits
https://dittany.com/vii-distribution-of-benefits/
VIII. Why the Pattern Repeats
https://dittany.com/viii-why-the-pattern-repeats/
IX. The Public Ledger
https://dittany.com/ix-the-public-ledger/
Bibliography — Sources and Methodology
https://dittany.com/bibliograhy-the-public-ledger/