The Pentagon is seeking more than $3.5 billion in emergency funding to replenish US weapons and equipment for Israel, following Iran’s large-scale April 2024 missile and drone attack.
The Pentagon is seeking more than$3.5 billion in emergency funding to replenish US weapons and equipment for Israel, following Iran’s large-scale April 2024 missile and drone attack. The largest single request, about $1 billion, is for RTX’s Standard Missile interceptors which are used to shoot down ballistic missiles. Another$204 million is earmarked for Lockheed Martin’s THAAD interceptors, which destroy ballistic missiles at high altitudes. Funds for radar upkeep, vessel refurbishments, and munitions transport are also on the bill. The requests, drawing on Congress’s 2024 Israeli Security Supplemental Appropriations Act, underscore the steep costs of sustaining a heightened US military presence in the Middle East.
In this Quick Take, Ian Bremmer examines what may come next in the US-Israel war with Iran as the Trump administration signals significantly larger military operations ahead.
Indian Prime Minister Narendra Modi and Canadian Prime Minister Mark Carney struck a series of deals during a meeting in New Delhi on Monday, including a 10-year nuclear energy deal under which Canada will provide India with uranium.
A satellite image shows black smoke rising and heavy damage at Iranian Supreme Leader Ayatollah Ali Khamenei's compound, following strikes by the United States and Israel in Tehran, Iran, on February 28, 2026.
Supreme Leader Ali Khamenei is dead, the conflict is spreading, and US President Donald Trump still isn’t clear on who he wants to run Iran.
Shipping in the world’s most crucial oil chokepoint has nearly ground to a halt after at least four tankers were targeted in Iran’s retaliation to US and Israeli strikes on Saturday.