Frightened residents of the port city of Bandar Abbas poured into the streets after the 4.9-magnitude earthquake struck at 2:56 a.m. (6:26 p.m. ET Tuesday), Iran's Press TV said. No deaths were reported.

Last year, a strong earthquake measuring 6.1 in magnitude struck Hormozgan, demolishing nearly 200 villages and killing at least six people.

Iran lies on a series of seismic fault lines and has experienced devastating earthquakes- most notably in December 2003 when a 6.6 magnitude quake devastated the ancient city of Bam in southeast Iran, killing at least 30,000 people.