
Iranian military ship and light replenishment ship are seen docked for refueling / Getty Images
Iran boosts war spending by $500 million after U.S. issues sanctions
Iran is preparing to send a flotilla of warships to the Atlantic Ocean following the announcement of a massive $500 million investment in war spending, according to Iranian leaders, who say the military moves are in response to recent efforts by the United States to impose a package of new economic sanctions on Tehran. Continue reading