An Iranian security official said Trump’s claim that the United States has protected the Strait of Hormuz for 50 years is purely an illusion.

Total turnover on the Shanghai and Shenzhen exchanges was CNY 2.818 trillion on July 13, down CNY 570.79 billion from the prior session. Shanghai turnover was CNY 1.335 trillion (previous CNY 1.5631 trillion); trading volume 591 million lots (prev. 627 million). Shenzhen turnover was CNY 1.483 trillion (previous CNY 1.8254 trillion); trading volume 734 million lots (prev. 829 million). Zhongji Xuchuang led stock-level turnover at CNY 38.391 billion, followed by GigaDevice (CNY 37.737 billion), JCET/Changdian Technology (CNY 25.012 billion), Cambricon (CNY 23.602 billion) and Dongshan Precision (CNY 22.708 billion).

CNN reports President Trump will support passage of a bipartisan sanctions package against Russia led by the late Senator Lindsey Graham.