First 6 days of Iran war cost U.S. $11.3 billion: Pentagon. Trump, advisers miscalculated Iran’s response to war.

New York Times: The dollar figure, disclosed in a closed-door briefing on Capitol Hill, did not include many of the expenses associated with the operation, now in its 12th day, so the ultimate cost for American taxpayers is expected to be much higher. The briefing was described by three people familiar with it, who spoke on condition of anonymity to discuss sensitive information…

New York Times: In the lead-up to the U.S.-Israeli attack, President Trump downplayed the risks to the energy markets as a short-term concern that should not overshadow the mission to decapitate the Iranian regime…

CNN: Iran has ramped up retaliatory attacks on energy supplies with strikes on two foreign oil tankers in Iraqi waters. Separately, a video geolocated by CNN appeared to show an Iranian drone hitting a fuel tank in an Omani port…

Wall Street Journal: Escalating Iranian attacks and the U.S. government’s decision to hold off on military escorts for oil tankers through the Strait of Hormuz are raising the prospect of a prolonged closure that would choke off exports through the world’s most important energy-transport route…

Washington Post: The International Energy Agency on Wednesday announced that it would carry out its largest-ever release of oil reserves — 400 million barrels — in a bid to control spiking energy prices caused by the United States-Israel war against Iran,which shows no signs of slowing as it ends its 12th day…

Wall Street Journal: The International Energy Agency said Tuesday that its 32 member countries will release a record 400 million barrels of oil from their emergency reserves to mitigate supply disruptions caused by Iran. Stockpiles exist for this purpose, but don’t overlook how U.S. crude exports are also providing a strategic oil reserve for the West…

Bloomberg: Iran has told regional intermediaries that for a ceasefire, the US must guarantee that neither it nor Israel will strike the country in the future, according to several officials familiar with the matter…

New York Times: An ongoing military investigation has determined that the United States is responsible for a deadly Tomahawk missile strike on an Iranian elementary school, according to U.S. officials and others familiar with the preliminary findings.

Outdated targeting data may have resulted in a mistaken missile strike, according to the ongoing military investigation, which undercuts President Trump’s assertion that Iran could be to blame…

Washington Post: The Iranian elementary school building where scores of children were killed as the U.S. and Israel began their massive aerial campaign was on a U.S. target list andmay have been mistaken for a military site, multiple peoplefamiliar with the strike told The Washington Post…

New York Times: The Israeli military unleashed a wave of heavy strikes on Lebanon’s capital, Beirut, and its southern outskirts late on Wednesday and early Thursday, the latest in a bombing campaign that Lebanese officials said has driven 800,000 people from their homes…

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