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The Iranian Revolutionary Guard: Passage through the Strait of Hormuz must strictly adhere to the regulations issued by the Revolutionary Guard Navy. We urge shipping companies not to be deceived, not to be provoked by the US military, and not to needlessly endanger their ships, property, and the lives of their crews.
Iranian Foreign Ministry: We would like to remind the UN Secretary-General, the President of the Security Council, and all countries that have expressed concern about the ongoing unrest in the Sea of Hormuz and the Persian Gulf that the only factor contributing to the insecurity of shipping in the region is the illegal and aggressive behavior of the US and Israeli regimes.
The Iranian Foreign Ministry stated that the US attack on Larak Island was a clear violation of the UN Charter, and called upon and reminded the UN Security Council and its Secretary-General to fulfill their responsibilities in maintaining international peace and security and to hold the aggressor accountable.
Iran's Foreign Ministry: The United States and all parties supporting its military operations should bear full responsibility for the consequences of the escalation of the situation.
Iranian Foreign Ministry: US bases in Jordan were used to launch and support attacks on Larak Island.
Iranian Foreign Ministry: Our armed forces launched an attack on a US military base in Jordan in response to the US attack on Larak Island.
The yield on India’s benchmark 10-year government bond rose to its highest level since June 11.
Barclays: We expect the Federal Reserve to raise interest rates by 25 basis points each in September and December, compared to our previous forecast of no change in rates.
Hong Kong-listed mainland property stocks fluctuated and declined, with China Jinmao (00817.HK) falling more than 15%, Greentown China (03900.HK) falling more than 12%, Yuexiu Property (00123.HK) falling more than 11%, and other stocks such as China Resources Land (01109.HK), Longfor Group (00960.HK), and Sunac China (01918.HK) following suit.
According to the Iranian news agency IRNA, Iranian President Pezechzian has departed for Kyrgyzstan to attend the Shanghai Cooperation Organisation (SCO) summit and other events. During his two-day visit, in addition to attending and addressing the SCO summit, President Pezechzian will hold bilateral meetings with several leaders attending the summit, including the prime ministers of India and Pakistan, as well as the presidents of Kyrgyzstan, Russia, and Tajikistan.
According to India's NDTV: Indian Prime Minister Narendra Modi will meet with Iranian President Sergei Pezechyan today on the sidelines of the Shanghai Cooperation Organisation (SCO) summit in Bishkek, Kyrgyzstan. This will be their first meeting since the start of the Iraq War.
XAUUSD fell below $4410/oz, down more than 1.00% on the day; New York gold futures also fell 1.00% on the day, currently trading at $4459.00/oz.
According to Fox News: US President Trump said that Iran has become a failed state due to our blockade of Iranian ports and the economic pressure we have put on it.
US President Trump: Halg Island was bombed to pieces.
Sina Azodi, director of the Middle East Studies Program at George Washington University, said the reason for the U.S. strike on Larak Island was "where Iran is dispersing its assets in its efforts to control the Strait of Hormuz." The U.S. is trying to weaken Iran's ability to monitor and surveillance ships passing through the Strait of Hormuz, not just its ability to strike ships. The attack on the island is consistent with a pattern since July, when Iran's entire southern coastline was on the U.S. target list. The U.S. claim that Iran was preparing to lay mines is credible. When asked if Iran had been waiting for an opportunity to strike Jordan, he said Tehran's war plans "were prepared in advance."
According to Fox News, US President Trump stated, "We spend billions of dollars in aid to NATO and other countries, including South Korea, but when we ask them for help, they refuse. We cannot continue to support countries that do not stand with us."
Market news: Thailand plans to strengthen regulations on the gold trading industry, including online and physical gold bar trading, in order to curb money laundering, fraud, and other financial crimes.
According to Fox News, US President Trump stated that if Iran possesses nuclear weapons, the Middle East will virtually disappear, and Israel will certainly disappear.
According to Fox News: US President Trump stated that Iran must not be allowed to possess nuclear weapons, and Iran will not possess nuclear weapons.
According to Fox News: When discussing the midterm elections, US President Trump warned about the stakes involved and predicted a strong performance from the Republican Party.