The Strait of Hormuz Risks To Oil Prices

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Iran’s air force carrying out a drill near Strait of Hormuz

Iran’s official IRNA news agency said Friday.

The drill involves the military’s and Revolutionary Guard fighter jets, including U.S.-made F-4, French Mirage and Russian Sukhoi-22 planes, the report said, adding that five logistics and combat helicopters are also taking part in the exercise over the Persian Gulf waters and the Sea of Oman.

IRNA said the maneuver is a warning to Iran’s enemies that they face a quick, “stern response” in case of any ill-will toward Iran.

The exercise is part of annual manifestations on the anniversary of the start of the eight-year war Iraqi dictator Saddam Hussein launched against Iran in 1980.