Netanyahu said that he termed the Iranian move “an attempt to expand Iranian influence in the region."

Israel views with “utmost gravity” the dispatch of two Iranian warships to the Mediterranean through the Suez Canal, Israeli Prime Minister Benjamin Netanyahu said, as the two Iranian vessels are expected to pass.

Netanyahu said that he termed the Iranian move “an attempt to expand Iranian influence in the region."

Egypt has given the two ships permission to cross the waterway en route to Syria, the first time Iranian warships will have done so since the Islamic revolution of 1979.
During the weekly cabinet meeting, Netanyahu said that the Zionist entity’s “security needs are growing and the defense budget will be allocated accordingly,” adding: “We will insist that we must promote the economy and stabilize it.”  
 
Earlier on Sunday, Iranian media reported that the two vessels have begun their passage through the Suez Canal, Al Alam reported.

"Two Iranian warships have passed through the canal and are heading towards a Syrian port," the Iranian television network reported.

The reports however could not be officially confirmed and Egyptian officials said the ships had not yet begun to transit the canal.

Egyptian official from the Suez Canal Authority confirmed that the authority had decided to allow the ships to travel through the canal but did not confirm if the transit had started.

The official said that the vessels were due to arrive at the southern part of the canal later Sunday and will enter the Mediterranean on Monday morning.