Iranian Parliament Member Suggests Withdrawal from Nuclear Non-Proliferation Treaty

An Iranian parliament member's statement has sent shockwaves through global markets, pushing oil prices up and gold down. On September 12, 2026, Mohammadreza Mohseni-Sani said that Iran no longer regards the Nuclear Non-Proliferation Treaty as binding.

The treaty, signed in 1968, commits non-nuclear-weapon states to refrain from building nuclear weapons in exchange for civilian nuclear technology. However, the Iranian government has yet to file a formal withdrawal notice with the treaty's depositaries in Washington, London, or Moscow.

Despite this, oil prices surged by $13.49 per barrel over eight sessions, while gold fell to its lowest level since August 25, 2026. Bitcoin also dipped below $78,000 on September 12, 2026, but experts say that the impact of the statement is still uncertain.

The connection between the Iranian statement and global markets is complex. The statement's effects are indirect, relying on a chain of events to reach Bitcoin prices. First, the statement would need to become policy, pushing oil prices higher for weeks or even months. Only then could this lead to an increase in consumer price index (CPI) and a subsequent decision by the Federal Reserve to hold or hike interest rates.