Pentagon Seeks Increased Funding Amid Escalating US Attacks on Iran

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Pentagon Seeks More Funds Amid Escalating Iran Attacks, Claims 120 Ships Sunk

FILE PHOTO: U.S. Secretary of Defense Pete Hegseth looks at the signed joint security agreement at the inaugural Americas Counter Cartel Conference with regional defense and security leaders at U.S. Southern Command headquarters in Doral, Florida, U.S., March 5, 2026. REUTERS/Maria Alejandra Cardona

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CNBC TV18•19-03-2026, 18:44

Pentagon Seeks More Funds Amid Escalating Iran Attacks, Claims 120 Ships Sunk

•US Defense Secretary Pete Hegseth announced the Pentagon will seek additional funding from Congress for the war effort against Iran.
•Hegseth stated US military operations in Iran are progressing as planned, with 7,000 targets struck in three weeks.
•He claimed a 'largest strike package' is underway, resulting in 120 Iranian ships damaged or sunk and their submarine fleet eliminated.
•The defense secretary framed the operation as a broader security effort, urging allies to acknowledge Washington's actions.
•Despite claims of crippling Iran's navy, Hegseth acknowledged continued risks, stating Iranians 'will still shoot'.

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