“As soon as such an issue is raised seriously the oil price would soar to above $250 a barrel,” a Foreign Ministry spokesman, Ramin Mehmanparast, said.

Iran is striving to contain international reaction to the storming of the British embassy last week, a move that drew immediate condemnation from around the world and may galvanise support for tougher action against Tehran.

Washington and EU countries were already discussing restricting oil exports after the United Nations nuclear watchdog issued a report in November with what it said was evidence that Tehran had worked on designing a nuclear bomb. Iran says its nuclear programme is peaceful.

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