U.S. Commodity Futures Trading Commission data for the week to July 14 show speculators net short the yen by 122,663 contracts; the Swiss franc flipped to a net short of 36,956 contracts; the pound net short 71,253 contracts; the euro net short 12,605 contracts.

Fars News reports Iran’s Department of Environment international affairs director has submitted implementation rules to government to levy an environmental service fee on vessels transiting the Strait of Hormuz. Fees would be set according to vessel type, cargo, transit record and assessed environmental-risk level. Officials cite UNCLOS and related treaties as legal basis, saying coastal states may intervene and charge for services if innocent passage is breached or if national security, public health or the environment are threatened; chargeable services are described as public-health and environmental protection measures. The draft does not specify payment mechanisms; detailed execution will be determined by the competent authorities, with proceeds intended to fund navigational safety and sustainable transit in the Strait.

Iranian media reported explosions were heard in the Khorramabad area.