Iran's Mehr news agency reported preliminary accounts that Iran attacked a U.S. missile-launch site in Kuwait.

Quarter-beginning tax payments and a rise in government bond net redemptions are set to tighten liquidity this week. July tax receipts historically run about RMB1.7–1.9 trillion (2021–25); government bond net repayments have risen to RMB568.7 billion, producing a combined funding shortfall exceeding RMB2.2 trillion. The PBOC is likely to step up reverse-repo injections to cushion money markets; a RMB900 billion six‑month buyout reverse repo matures this week, leaving scope for net injection. Overnight reverse repos may be reintroduced to smooth short-term volatility—the tool was used at quarter-end on June 29–30 (RMB300 billion and RMB600 billion) to blunt rate spikes.

Hassan Kashkavi, a member of Iran’s parliament National Security and Foreign Policy Committee, told state Press TV on Sunday that Iran prefers to manage the Strait of Hormuz through cooperation with regional states, particularly Oman, and that "the clear official position is that future management of the Strait will be arranged by Iran." A former long‑time Foreign Ministry diplomat, he said UNCLOS permits coastal states in wartime to take measures to ensure safe maritime passage and protect their maritime security, and described recent US strikes linked to Hormuz disputes as violations of the UN Charter and infringements of national sovereignty.