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TEHRAN, Wednesday (Reuters) Iran has the military might to deter attacks against it, Defence Minister Ali Shamkhani said, after U.S. President George W. Bush said he would not rule out military force against Iran over its nuclear programme.

"We are able to say that we have strength such that no country can attack us because they do not have precise information about our military capabilities due to our ability to implement flexible strategies," the semi-official Mehr news agency quoted Shamkhani as saying on Tuesday.

"We can claim that we have rapidly produced equipment that has resulted in the greatest deterrent," he said, without elaborating.

In October, Iran announced successful trials of its Shahab-3 ballistic missile with a range of 1,250 miles (2,000 km), putting parts of Europe, as well as Israel and U.S. bases in the Gulf, within reach.

Bush said on Monday Washington would not rule out military action against Iran - which he has labelled as part of an "axis of evil" alongside Iraq and North Korea - if it was not more forthcoming about its suspected nuclear weapons programme.

"Iran has no fear of foreign enemies' threats ... as they are very well aware that the Islamic Republic is not a place for adventurism," the ISNA student news agency quoted influential former President Akbar Hashemi Rafsanjani as saying.

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