Iran's JCPOA Warning: 'Honor Your Commitments' Appeal to the US and Market Risks

Iranian Parliament Speaker Muhammad Bakir Galibaf criticized the US administration for inconsistent adherence to the Joint Comprehensive Plan of Action (JCPOA), stating, 'The era of unilateral agreements is over,' and warned, 'Keep your word, or you will pay the price.' This declaration underscores escalating geopolitical tensions that could ripple through global financial markets, particularly energy sectors and trade dynamics.

Geopolitical Risks and Energy Market Volatility

■Uncertainty over Iran's compliance with JCPOA terms may drive crude oil prices higher amid speculative trading.

■US non-compliance with the agreement signals potential sanctions relief delays, impacting Iranian crude exports.

■Trade imbalances, especially in Europe's energy dependency, could deepen amid stalled negotiations.

Dr. Aslıhan Demir: 'Galibaf's warning reflects more than political rhetoric—it signals a potential recalibration of global liquidity and energy supply-demand equilibrium. Prolonged US intransigence might shock Eastern Mediterranean firms and EU energy investments, complicating inflation-targeting efforts for central banks like the Fed and TCMB.'