TEHRAN - A senior member of Iran's parliament said on Monday the Islamic Republic would close the entry point to the Gulf if new sanctions block its oil exports, reiterating a threat made by officials a month ago that caused a temporary oil price spike.
"If any disruption happens regarding the sale of Iranian oil, the Strait of Hormuz will definitely be closed," Mohammad Kossari, deputy head of parliament's foreign affairs and national security committee, told the semi-official Fars news agency.
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