British Defense Secretary Says Israeli Attack on Iran Would Hurt the UK's Economy

Wait, it won't stimulate the economy?

The Defence Secretary said that a "third party attack" on Iran's nuclear programme could choke oil supplies from the Gulf, driving up oil prices.

That would then have "a direct effect" on the UK economic recovery, he told MPs and peers.

Mr Hammond was giving evidence to Parliament's joint committee on national security strategy when he was asked about the consequences of an Israeli strike on Iran's nuclear programme.