Iran will fire long-range missiles during a naval drill in the Gulf on Saturday, a semi-official news agency reported, a show of force at a time when Iran has threatened to close shipping lanes if the West imposes sanctions on its oil exports. Iran threatened on Tuesday to stop the flow of oil through the Strait of Hormuz if it became the target of an oil export embargo over its nuclear ambitions, a move that could trigger military conflict with countries dependent on Gulf oil. "The Iranian navy will test several kinds of its missiles, including its long-range missiles, in the Persian Gulf on Saturday," Admiral ... (full story)