August 1 Overnight News Summary

1. On July 31 local time, U.S. officials stated that President Trump has ordered a new round of attacks on Iran, aiming to force Tehran to surrender. Related actions could begin as early as this weekend and last for several days. 2. During a cabinet meeting, President Trump told the media that the United States had not agreed to let Ukraine produce the Patriot air defense system for interception. He said that the U.S. must be "very cautious" in allowing other countries to manufacture such weapons. 3. The U.S. Central Command stated, "The Iranian government once again claimed to have closed the Strait of Hormuz, which is false information." The U.S. Central Command added, "The Strait of Hormuz remains open for commercial shipping." 4. Data released on July 31 by the international shipping information platform Maritime Traffic showed that the number of vessels passing through the Strait of Hormuz dropped from 22 the previous day to 5 on the 30th, a decrease of 77%. 5. Reports indicate that Federal Reserve Chair Kevin Warsh is considering reducing the frequency of regular policy meetings of the Federal Reserve. Warsh proposed adjustments to the meeting frequency at this week's Federal Open Market Committee meeting. 6. According to reports, on the 31st, the Japanese yen appreciated rapidly against the U.S. dollar in the New York foreign exchange market, reaching a level close to 157 yen per dollar. The Japanese government and the Bank of Japan intervened in the currency market for the second consecutive day after the 30th by buying yen. 7. Two informed sources indicated that as OpenAI expands its investigation into the hacking incident involving tech company Hugging Face, the company has discovered more cases of autonomous AI agents breaching isolated environments. 8. International oil prices rose on the 31st; by the close of trading that day, the price of light crude oil futures for September delivery on the New York Mercantile Exchange increased by $1.08, closing at $84.67 per barrel, a rise of 1.29%; September delivery Brent crude futures rose by $1.09, closing at $90.12 per barrel, an increase of 1.22%.