By Xinhua,
Madrid : Iranian Oil Minister Gholam Hossein Nozari warned on Wednesday that any attack on his country would meet with fierce reaction and have severe consequences in the already volatile oil markets.
“For Iran, if there would be any kind of activity of any sort, it is not going to be quiet and it is going to react fiercely,” Nozari told reporters on the sidelines of the World Petroleum Congress in Madrid.
“Nobody can even imagine what would be the reaction of Iran now,” he said, without specifying possible actions from his oil-rich country.
World oil prices have been hovering above 140 U.S. dollars per barrel, fluctuating toward new highs amid concern over increasing tension between Iran and the West.
The United States and Israel have never ruled out the possibility of a military attack against Iran.
“We do not think that wise people in the world even think about any action like that,” Nozari said, adding any attack at this moment would severely affect the oil markets.
“Can you imagine if any action happens … what would be the result in the oil market?” he asked.