31 December 2011
Last updated at 03:18 ET
Iran has been conducting naval drills in the Gulf since last week
Iran has denied reports by state media that it test-fired long-range missiles during military exercises in the Gulf.
“The exercise of launching missiles will be carried out in the coming days,” Iran’s senior navy commander is quoted as telling Iran’s Press TV.
Earlier the semi-official Fars news agency and other outlets reported that land-to-sea missiles had been fired.
The naval exercises come at a time of increased tensions between the West and Iran over its nuclear ambitions.
On Tuesday Iran threatened to close the Strait of Hormuz, a key oil
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