|Chennai||Rs. 24020.00 (-0.17%)|
|Mumbai||Rs. 25020.00 (0.28%)|
|Delhi||Rs. 24450.00 (0%)|
|Kolkata||Rs. 24600.00 (-0.32%)|
|Kerala||Rs. 24050.00 (0%)|
|Bangalore||Rs. 24160.00 (-0.17%)|
|Hyderabad||Rs. 24030.00 (-0.12%)|
Attack on Iran by Israeli or American military would damage the UK economy and jeopardise Britain's recovery from recession, a top official has warned.
Defence Secretary Philip Hammond said that a "third party attack" on Iran's nuclear programme could choke oil supplies from the Gulf, driving up oil prices.
That would then have "a direct effect" on the UK economic recovery, he told MPs and peers, the Telegraph reports.
"In terms of a third party attack on Iran, in terms of the impact on the UK, anything which destabilises the region, which put at risk flows of oil from the Gulf, any attempt to close the straits of Hormuz, would have a direct and immediate effect on the price of oil and therefore a direct effect on the prospects for economic growth and economic recovery in the UK," he said.
According to the paper, Hammond's remarks came while giving evidence to the UK Parliament's joint committee on national security strategy when he was asked about the consequences of an Israeli strike on Iran's nuclear programme. (ANI)