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Detailed text transcripts for TV channel - FOXNEWS - 20120103:16:20:00

though they did launch a antiship missile, surface-to-surface missile which has range of 75 miles which is more than enough to cross the straits of hormuz down to oman which at some point is only 20 or 21 miles. u.s. aircraft carriers have been operating in the persian gulf for decades. in fact there has been a little bit of history to those very, very laying ships which are formidable weapons protecting oil tankers through the strait of hormuz through the irran-iraq war. the u.s. escorted ships under kuwaiti flag to keep the oil flowing. there was a battle at sea between the iranians and the united states after u.s. ship hit a iranian mine. after that battle it was pretty clear the iranians came out on the losing end. if history repeats itself, the u.s. navy thinks that the strait of hormuz is something worth fighting for. jon? jon: doesn t sound like the fifth fleet is exactly shaking in its shoes. reporter: well-said. jon: leland vittert

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