Fars News: Iran's Joint Armed Forces Command said all vessels must follow Iran-designated sea lanes to transit the Strait of Hormuz and warned any U.S. interference will be met with a 'rapid and decisive response'.

A June 30 report says Saudi Arabia, Oman and Qatar are engaging in direct talks with Iran alongside US‑Iran negotiations. Citing a decline in US credibility, Gulf states are recalibrating ties. After a US‑Iran memorandum, Iran and Oman held a first meeting on management of the Strait of Hormuz. Follow‑up talks are planned between Oman and Qatar, Iran and Saudi Arabia, and Qatar and Saudi Arabia to outline post‑conflict coexistence. Discussions focus on Strait of Hormuz navigation arrangements and potential economic incentives Gulf states might offer Iran in exchange for security concessions. These talks are concurrent with but independent from US‑Iran negotiations.

China's ChiNext index early-session losses widened to 4%, led by declines in glass-substrate, memory-chip and advanced-packaging stocks.