Iran Tests Naval Cruise Missile
Iran says it has successfully test-fired two long-range missiles during a naval exercise in the Gulf, flexing its military muscle to show it could hit Israel and U.S. bases in the region if attacked.
(REUTERS) Tehran - In response to mounting Western pressure over its nuclear ambitions, Iran started a naval drill in the Gulf last week and warned that it could shut the Strait of Hormuz if sanctions were imposed on its oil exports, the country's main revenue source.
The 10 days of naval wargames and the warning over the Strait, a narrow Gulf shipping lane through which 40 percent of world oil passes, have rattled oil markets and pushed up crude prices.
Analysts say Iran's increasingly strident rhetoric is aimed at sending a message to the West that it should think twice about the economic cost of putting further pressure on Tehran.
"We have successfully test-fired long-range shore-to-sea and surface-to-surface missiles, called Qader (capable) and Nour (Light) today," Deputy Navy Commander Mahmoud Mousavi told state television.