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16 Nov, 2011

PressTV – ‘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.

via PressTV – ‘Iran attack will paralyze West industries’.