EconomyIran

‘Iran attack will paralyze West industries’

An Iranian lawmaker says any form of military action against Iran will cause serious oil supply problems for the West and bring Western industries to complete halt.

Mehdi Mehdizadeh, member of the Majlis (parliament) National Security and Foreign Policy Committee, said on Tuesday that Iran has advanced and fortified facilities in the Persian Gulf and is capable of closing the Strait of Hormuz.

“If Iran closes the Strait of Hormuz this will cause an increase in oil prices and under such circumstances Western industries will be grounded,” Majlis official news agency, ICANA, quoted him as saying.

Pointing to widespread protests in the United States and some European countries, the lawmaker said any military attack against Iran would take a heavy toll on these nearly bankrupt economies and add to their economic woes.

Referring to recent claims by the UK about an imminent zionist israeli attack on Iranian nuclear facilities, Mehdizadeh said Britain has sought to undermine Iran’s position and has spared no effort in this regard since the 1979 Revolution.

“After popular revolutions in the region and losing allies such as [the former president of] Egypt, zionist israel is in no condition to talk [to others] from a position of power unless it has decided to commit suicide,” the lawmaker added.

On November 6, israeli president shimon peres threatened that an attack against Iran was becoming ‘more and more likely.’

israeli prime minister benjamin netanyahu and Minister of Military Affairs ehud barak have also reportedly been lobbying the zionist israeli cabinet to approve of a military strike on Iran.

Iranian officials have promised a crushing response to any military strike against the country, warning that any such measure could result in a war that would spread beyond the Middle East.

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