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Assessing Iranian military capability

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    What does DOD report reveal?

  • Duration 3:12
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Industry sources say -- -- and fuel oil exports.

Fell by nearly half last month.

Due to western sanctions more of which were added today by the US.

Yesterday the Iranian regime warned its media against reporting that sort of thing.

The west is trying to pressure Iran into curtailing its suspected nuclear weapons program.

But tonight we learn from chief Washington correspondent James Rosen there is more than that to worry that.

Ballistic missile tests conducted at an unknown location by Iran's revolutionary guard -- last week coincided with an unclassified report that Defense Secretary Leon Panetta sent to congress June 20 ninth.

First obtained by Bloomberg the report sees an Islamic regime on the march in virtually all conventional.

On conventional and nuclear categories secretary Panetta cited Iran's steady growth in its missile and rocket inventories.

Any improvements in the range -- least reality and accuracy of these systems this administration has been very clear and very strong.

On the issue of Iran and its military and nuclear capabilities.

Developing.

Widespread international consensus to bring pressure to bear.

On Iran informed already with missiles that can reach Israel and Eastern Europe.

Iran is building more the report said in May be able to test fly an Intercontinental ballistic missile capable of striking America like 2015.

The US's own naval buildup in the Persian gulf includes the deployment of the warship punt safe from which helicopters and special ops forces can be launched into action.

And also German made -- -- drove.

Lot of all traffic goes through there.

That the straits of Hormuz there are a natural choke point that the United States navy has been been controlling since after World War II.

The Pentagon also found Iran pursuing a range of activities that could be applied to the production of nuclear weapons from the president ought to use.

More of the tools that were given to him.

Two to get to or Iran.

Two declare.

That they're not gonna produce nuclear weapons independent analysts said it won't be long before -- -- is in position to make a hundred yard dash for the nuclear ball.

I would assess that they have the intention to build a nuclear weapon but.

They have not made a decision to do so this report talking about it Intercontinental ballistic missile being flight test -- possibly as soon as one of fifteen.

Just adds another reason why we need to -- -- soon around her.

To increase pressure the US Treasury Department announced today it is placing under existing sanctions -- -- eleven entities and for individuals members all of Iran's military aerospace and shipping industry spread.

James -- -- report also offered an assessment of how active Iran.

Remains in the area of terrorism.

What about that yes in the Pentagon sees Iran's overall military strategy is one that depends on deterrence and -- symmetrical retaliation.

Namely terrorism to that in the report said Iran continues to supply money men training even sophisticated weapons systems.

The world's best known terror networks among them Hamas Hezbollah the Palestinian Islamic Jihad and the Taliban.

Among others Fred -- will continue to follow this in our panel on it later James thank you.