Iranian parliament has approved the closure of the Strait of Hormuz in a move which could see the world thrown into disaster.
The decision to close the Strait, through which around 20 per cent of global oil and gas demand flows, is not yet final.
Iran's Supreme National Security Council must still make the final call on the matter, Iran's Press TV said today.
But lawmaker and Revolutionary Guards Commander Esmail Kosari told the Young Journalist Club that doing so is on the agenda and 'will be done whenever necessary'.
Last weekend, Kowsari told local media that closing the Strait of Hormuz 'is under consideration, and Iran will make the best decision with determination'.
The Strait is a pivotal trade route for the world, with around a fifth of the world's oil flowing through the tiny sea passage, along with the same proportion of all Liquefied Natural Gas (LNG), making it the 'world's most important oil transit chokepoint'.
But Kowsari said Iran was not limiting its options in dealing with Israel, telling local media last week: 'Our hands are wide open when it comes to punishing the enemy, and the military response was only part of our overall response.'
Trade Gerrit Heinemann told Bild that should Iran choose to close the Strait, which borders the country, the results would be 'catastrophic.'
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