EghtesadOnline: Iran’s Revolutionary Guards confirmed on Sunday it had held war games in the Persian Gulf over the past several days, saying they were aimed at “confronting possible threats” by enemies, the state news state news agency IRNA reported.

EghtesadOnline: Secretary of State Rex Tillerson warned global companies that they do business with Iran’s Revolutionary Guards “at their own risk,” remarks that will add to investment uncertainty in a country eager to reap the economic benefits of a 2015 nuclear accord.

EghtesadOnline: Iran's parliament gave initial approval on Sunday to a bill to boost spending on Tehran's missile program and the elite Revolutionary Guards in retaliation for new sanctions imposed by the United States.