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According to the Iranian news agency IRNA: At 00:10 local time, a missile launched by the US military hit a location on Qashm Island.

U.S. Energy Secretary Wright: There will be no toll for passage through the Strait of Hormuz.

U.S. State Department officials: The U.S. expects U.S. companies to play a significant role in advancing the reconstruction of the Iraq-Syria oil pipeline.

On July 15th, Bank of England Governor Andrew Bailey delivered a speech at the City of London's annual dinner, warning against calls for a complete deregulation. A year earlier, Chancellor of the Exchequer Reeves, at the same event, likened cumbersome regulations to a yoke around the necks of businesses. Bailey stated that well-designed regulations are crucial to supporting economic growth. "Simply advocating for less regulation is a simplistic and unhelpful approach," he added, noting that UK economic activity is currently in a rather weak environment. Following Bailey's speech, Reeves will also deliver a speech at the same event, potentially her last major address as Chancellor. Andy Burnham, expected to succeed Keir Starmer as Prime Minister next week, will replace Reeves. Bailey stated that the Bank of England's current regulations are not without flaws. "Simply advocating for 'more' or 'less' is not a reasonable position in itself." In his speech, Bailey also reiterated his call for a more cooperative approach from the United States in addressing the risks of new artificial intelligence models. He stated, "We need stronger coordination in testing cutting-edge models before their widespread adoption. This needs to be done at the international level."

On July 15th, in response to Apple's trade secret lawsuit, OpenAI stated that the company "has found no evidence to support the allegations" and emphasized its respect for fair competition and support for the free movement of talent, currently focusing on independent research and development of innovative technologies. Apple recently filed a lawsuit alleging that OpenAI used former Apple employees to obtain company trade secrets in order to create AI hardware products, and accused the OpenAI hardware team of inducing job applicants to bring in internal Apple documents and assisting in circumventing the company's security reviews. A former iPhone engineer who left Apple this year to join OpenAI is also accused of illegally obtaining internal documents such as engineering presentations. Apple claims that the OpenAI hardware team is "built on an unstable foundation" and is even "rotten to the core."

U.S. State Department official: The United States supports Iraq and Syria in strengthening connectivity and building future-oriented trade and prosperity corridors.

IBM (IBM.N) closed down 25%, and Lucid Group (LCID.O) fell 16%.

UK Chancellor of the Exchequer Reeves: The UK will issue its first digital sovereign bond in early 2027.

The Dow Jones Industrial Average rose 10.02 points, or 0.02%, to close at 52,508.66 on Tuesday, July 14; the S&P 500 rose 28.55 points, or 0.38%, to close at 7,543.89; and the Nasdaq Composite rose 233.83 points, or 0.90%, to close at 26,107.01.

July 15 - Data from the U.S. Treasury Department shows that Japan held $1.143 trillion in U.S. Treasury bonds in May, down from $1.210 trillion in April; the UK held $949 billion in U.S. Treasury bonds in May, up from $938 billion in April; and China held $659 billion in U.S. Treasury bonds in May, up from $651 billion in April.

The U.S. saw a net inflow of long-term capital of $232.7 billion in May, revised from $103.1 billion to $104.8 billion in May.

Foreign investors made net purchases of $56.6 billion in U.S. Treasury bonds in May, compared with $50.5 billion in the previous month.

The U.S. Treasury Department issued general licenses related to Iran and updated its sanctions list, adding 10 individuals, more than 20 companies, and several ships, while also updating sanctions information from the Central Bank of Iran.

Court documents show that the Writers Guild of America has filed a lawsuit seeking to block Paramount's acquisition of Warner Bros. Discovery (WBD.O).

On July 15th, it was reported that on July 14th local time, the U.S. Central Command announced that the U.S. military launched a new round of strikes against Iran at 3:00 PM Eastern Time (10:30 PM Tehran Time). The U.S. military is also preparing to reinstate a naval blockade against Iranian ports and coastal areas, which "officially took effect at 4:00 PM Eastern Time (11:30 PM Tehran Time)." Previously, on July 13th, the U.S. military announced a "third consecutive night" of strikes against Iran and would reinstate the naval blockade on July 14th Eastern Time. According to U.S. sources on July 13th, President Trump had formally notified Congress of the renewed conflict with Iran.

OpenAI responded to Apple's lawsuit: No evidence has been found to support the allegations.

U.S. Defense Secretary Hergsays will testify at a hearing on July 21.