Iran's Revolutionary Guards have completed a wide-ranging military exercise in the Persian Gulf and the Strait of Hormuz, Fars news agency reported on Monday.

In the final stage of the exercise, code named The Great Prophet 5, the Islamic Revolution Guard Corps (IRGC) launched five indigenous cruise missiles that hit a single target simultaneously.

According to IRGC commander Ali Fadavi, the missiles were fired from five different locations at sea and on land.

The IRGC ground forces also carried out an operation to dispel an "enemy force" from occupied positions on Iranian territory.

In the first stage of the military drills, the IRGC "covered the expanse of the Persian Gulf waters using high-speed boats," Rear Admiral Ali-Reza Tangsiri, commander of the IRGC First Marine Division, said.

There were reportedly a total of 60 high-speed boats arranged into six task groups.

The Great Prophet 5 three-day exercise was launched on Thursday as the elite force marked the 31st anniversary of its establishment by revolutionary leader Ayatollah Ruhollah Khomeini in 1979.

IRGC deputy commander Brigadier General Hossein Salami said on Wednesday the drills were designed to "ensure security in the Persian Gulf, Strait of Hormuz, and the Gulf of Oman."

Iranian military officials have repeatedly warned that if Tehran is attacked, it will retaliate by blocking the Strait of Hormuz. Nearly 40% of the world's seaborne oil shipments pass through the strategically important waterway between the Persian Gulf and the Gulf of Oman.

MOSCOW, April 26 (RIA Novosti)