Tasnim reported that the secretary of Iran's Supreme National Security Council stated that no enriched nuclear material will be removed from Iran. The statement signals a firm Iranian position against transferring enriched uranium stockpiles abroad, a core sticking point in nuclear negotiations with Western powers. The transmission mechanism runs through geopolitical risk premia and oil supply expectations: a hardened stance reduces the probability of a near-term diplomatic settlement, which keeps sanctions-related supply constraints and regional risk pricing in place. Assets most exposed include Brent and WTI crude, Gulf-linked equities, and shipping and insurance rates in the Strait of Hormuz corridor, along with safe-haven demand in gold and Treasuries if escalation fears build. Traders should watch the next IAEA Board of Governors meeting and any scheduled follow-up talks, since formal verification reports or a diplomatic deadline would determine whether this rhetoric translates into sustained risk repricing.
IRAN SECURITY COUNCIL SECRETARY: NO ENRICHED NUCLEAR MATERIAL WILL LEAVE IRAN - TASNIM
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