Spot silver fell 3.0% intraday to $60.16/oz; spot gold dropped $50, or 1.24%, to $4,112.65/oz.

Conflict Situation 1. The United States revoked a general license authorizing the sale of Iranian oil, allowing related final transactions to continue until midnight Eastern Time on July 17. This move is reportedly in response to Iran's recent firing on three merchant ships in the Strait of Hormuz. 2. The Iranian Foreign Ministry stated that some merchant ships were sailing without coordination and had shut down or tampered with AIS signals, hindering safe navigation in the Strait of Hormuz. It urged regional countries and shipping companies to avoid any actions that violate the memorandum. 3. Foreign media: The Lebanese president is expected to visit the White House on July 21. 4. Netanyahu: Erdogan is not a "friend or foe," but a complete enemy. 5. The U.S. Central Command stated that U.S. Central Command forces have begun a series of powerful strikes against Iran in response to Iranian targeting and attacks on commercial shipping operated by civilian crews in international waterways. 6. The Iranian Foreign Ministry condemned the U.S. Treasury Department's revocation of the temporary suspension of sanctions on Iranian oil sales. US-Iran Talks 1. Iranian Foreign Minister Araqchi: If the threats continue, final agreement negotiations will not begin; please keep your promises. 2. Iranian Supreme Leader's advisor Rezaei: It is clear that the US will cause the negotiations to fail. 3. Lebanese diplomatic sources say Lebanon refuses to hold the sixth round of Lebanon-Israel talks in Rome, insisting that negotiations should continue in Washington. Strait of Hormuz 1. A liquefied natural gas (LNG) tanker was attacked in the Gulf of Oman. 2. According to Iran's Press TV: Multiple explosions occurred in the southern Iranian port city of Sirik. 3. According to Iranian media: Explosions were heard on Qeshm Island and Bandar Abbas in southern Iran. 4. British maritime authorities: The threat level in the Strait of Hormuz has been raised to "serious". Other Situations 1. A series of explosions occurred in Damascus, Syria; security sources say the locations are near the hotel where French President Macron is staying. 2. The Qatari Foreign Ministry summoned the Iranian deputy ambassador to protest the actions taken against Qatari LNG tankers in the Strait of Hormuz. 3. Jordanian Foreign Ministry: We condemn Iran's attack on a Qatari oil tanker transiting the Strait of Hormuz. 4. Gulf Cooperation Council Secretary-General: The attack on the Saudi oil tanker reflects the continued hostile actions of Iran.

A-share humanoid robot concept stocks were active in early trading, with Julun Intelligent hitting the daily limit, Liwang Co., Ltd. rising more than 16%, and Zhaomin Technology, Audiway and Zhongcheng Technology following suit.