Iran: Strait of Hormuz holds strategic value equal to an atomic bomb
🔴 Tension RisingIDNFinancials2026-05-11
Iran asserts that the strategic value of the Strait of Hormuz is comparable to that of a nuclear bomb, amid indirect negotiations with the United States over a potential new agreement. Iranian officials emphasize the waterway's importance for national security and countering US sanctions. Rising tensions, including recent exchanges of fire between Iranian and US forces, are escalating regional instability.