TEHRAN: Iran will close the strategic Strait of Hormuz at the entrance to the oil-rich Gulf only if its crude revenues are seriously threatened, its top military commander said in remarks reported on Saturday.

“We have plans to close the Strait of Hormuz because military commanders must have plans for any situation,” armed forces chief of staff General Hassan Firouzabadi said late on Friday, according to ISNA news agency.

“But Iran, acting rationally, will not close the corridor through which 40 per cent of the world's energy passes, unless its interests are in serious trouble,” he said, referring to the country's crucial crude revenues.—AFP