Iran's Supreme National Security Council secretary Ali Akbar Ahmadian, identified in the headline as Rezaei, stated that no new decision has been made to alter Iran's nuclear doctrine, while internal debate continues over whether the current posture should persist if hostilities resume. The statement signals that a formal policy shift toward weaponization remains unconfirmed, which limits immediate escalation risk but leaves the doctrine open to revision under wartime conditions. For markets, the transmission channel runs through geopolitical risk premia, with oil and gold typically most sensitive to perceived nuclear-threshold changes because of supply-disruption fears in the Gulf and safe-haven demand. Regional currencies and Israeli and Gulf sovereign spreads would also carry elevated sensitivity, as would defense equities and shipping insurance rates in the Strait of Hormuz corridor. Traders should watch the next IAEA Board of Governors meeting and any inspection access updates, since verifiable changes in enrichment levels would be the concrete signal that converts this rhetorical debate into a measurable market catalyst.
IRAN'S SECURITY CHIEF REZAEI: NO NEW DECISION HAS BEEN MADE ON CHANGING OUR NUCLEAR DOCTRINE, BUT THERE IS DEBATE OVER WHETHER WE SHOULD KEEP THE SAME DOCTRINE IF WAR BREAKS OUT AGAIN
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