US VP Vance says President Trump wants to make sure Iran never had nuclear weapons, adds the US has a lot of capacity in Iran

• We would like someone to take over the power there who has made a long commitment not to possess a nuclear weapon.

The comments from US VP Vance highlight a renewed focus on limiting Iran's nuclear capabilities, which could heighten geopolitical tensions. This might lead to increased volatility in oil and precious metals markets, while also impacting the USD against other currencies as traders react to shifts in perceived risk. Investors could look for protection in safe-haven assets amid concerns over potential escalations.