Iran Test Fires Missiles in Strait of Hormuz

iStockphoto/Thinkstock(TEHRAN, Iran) -- As U.S.-led naval maneuvers wind down in the Gulf, Iran has reportedly conducted its own drill not far away.

The country says it test fired four missiles capable of hitting ships and sunk its target in less than a minute.  The exercises, which were previously scheduled, took place in the Strait of Hormuz -- a key passage way for 20 percent of the world's oil -- and just 250 miles from where the U.S. has been conducting mine sweeping exercises.

The drill comes at a very tense time, with Israel saying Iran's nuclear program must be stopped and urging the U.S. to take a tougher line.

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