US claims destruction of Iran’s nuclear program amid Strait of Hormuz tensions

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US Vice President JD Vance has stated that Washington has « destroyed » Iran’s nuclear program and weakened its military capabilities. This assertion comes amid ongoing tensions in the Strait of Hormuz, where Iran is demanding compensation and an end to the US naval blockade before reopening the strategic waterway. The strait, essential to global trade, remains closed, which could complicate diplomatic negotiations aimed at resolving the 2026 US-Iran conflict. Markets are closely watching for any shifts in the US posture, with statements from President Donald Trump or Iranian officials likely to influence market perceptions.

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