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Thursday, Jan. 26, 2006 9:24 a.m. EST

Iran: We'll Shut Down Straits of Hormuz

A senior Iranian official is threatening to close the Straits of Hormuz using military force, which would effectively shut down the Persian Gulf oil supply - if European supports economic sanctions against Iran in a bid to halt Tehran's nuclear program.

"If Europe does not act wisely with the Iranian nuclear portfolio and it is referred to the U.N. Security Council and economic or air travel restrictions are imposed unjustly, we have the power to halt oil supply to the last drop from the shores of the Persian Gulf via the Straits of Hormuz," said Mohammed-Nabi Rudaki, deputy chairman of the Iranian parliament's National Security and Foreign Policy Commission.

According to the Israeli News service Haaretz, which first reported the threat on Tuesday based on an Iranian news account - this is the first time an Iranian official has publicly issued a military threat.

Twenty-five percent of the world's oil production passes through the Straits of Hormuz, which connects the Persian Gulf to the Indian Ocean. If Iran were to carry out such a threat, other big oil producers in the region, such as the United Arab Emirates and Kuwait, would be unable to export oil.

Raduki also warned that his country might resign its membership in the International Atomic Energy Agency and withdraw from the Nuclear Non-Proliferation Treaty.

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