Washington plans to provide Israel with $3.5 billion for the purchase of US weapons and military equipment. The funds will be released a few months after being allocated by Congress, reports CNN. US officials told CNN that the financial aid for weapons procurement comes amid rising tensions between Israel and Iran. One source informed CNN that the US State Department recently notified legislators that President Joe Biden’s administration plans to allocate billions of dollars in foreign military funding to Israel. This funding is part of the $14.1 billion supplemental aid package for Israel app…