Tehran’s top security official signals potential policy change on nuclear weapons, lifting oil risk premia and safe-haven demand.
Iran’s Supreme National Security Council secretary suggested Tehran may reconsider its non-nuclear posture in response to escalating US economic pressure. The remarks, delivered by a senior official rather than a peripheral figure, carry greater institutional weight and could heighten market focus on future Iranian actions, such as restricting IAEA access or accelerating uranium enrichment.
Oil markets, already pricing in Strait of Hormuz disruption risks, may see sustained risk premia as traders assess whether Tehran’s stance is a bargaining tactic or a precursor to policy shifts. Prior statements from hardline figures lacked similar credibility, leaving analysts to weigh diplomatic signals against potential doctrine changes.
Uncertainty over Iran’s nuclear trajectory is expected to support oil prices and safe-haven assets until clearer indications emerge, either through formal announcements or diplomatic channels.