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>> jeff: two developments out of iran today. the islamic republic announced it has produced its first nuclear fuel rod and also successfully tested a new missile in the strategic strait of hormuz, a passageway for one-sixth of the world's crude oil. elizabeth palmer has more. >> reporter: iran's state news agency broadcast pictures of what it said was a new medium-range missile, fired from warships during military exercises in the persian gulf. it was a hostile gesture, especially after last week's threat to close the strait of hormuz, a vital shipping channel for the world's oil supply. and today's announcement that iran has manufactured nuclear fuel rods for the very first time. but, in fact, iran's new year's message to the world is a mixed one. it's also signalled it wants to cooperate with international monitors over its controversial nuclear program, which the west

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