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• The United States announced an oil embargo against all aggressor states. ww2dbase [TH]
• Hiroaki Abe became the commanding officer of Japanese Navy Cruiser Division 8. ww2dbase [Hiroaki Abe | CPC]
• Grumman TBF Avenger torpedo bomber took flight for the first time. ww2dbase [TBF Avenger | AC]
• USS Marlin was commissioned into service with Lieutenant George A. Sharp in command. ww2dbase [Marlin | CPC]
• Nine British Blenheim bombers escorted by Hurricane fighters attacked Axis vehicles at Sidi Omar, Libya. ww2dbase [CPC]
• Denmark established diplomatic relationship with the Japanese-sponsored puppet state of Manchukuo. ww2dbase [CPC]
• German Propaganda Minister Joseph Goebbels fabricated a quote from US Secretary of War Henry Stimson suggesting that Stimson thought the British war situation was hopeless. ww2dbase [Joseph Goebbels | CPC]

• Walter Grabmann was named the commanding officer of the Zerstörerschule 2 training unit based in Memmingen, Germany. ww2dbase [Walter Grabmann | Memmingen | CPC]

• Two Zveno-SPB variant of the TB-3 aircraft, each carrying two I-16 fighter-bombers, destroyed an Axis oil depot in Constanta County, Romania. All Soviet aircraft returned to base safely. ww2dbase [TB-3 | Constanta | CPC]

• Joseph Stalin, satisfied with the progress of the rocket-powered fighter development project, issued an ordered in late Jul (and dated for 1 Aug 1941) for a prototype aircraft to be completed in a little more than a month. ww2dbase [BI | Moscow | CPC]
• British minelayer HMS Adventure arrived at Arkhangelsk, Russia and delivered a supply of naval mines. ww2dbase [Arctic Convoys | Arkhangelsk | CPC]

• Britain broke off diplomatic relations with Finland for invading Russia. Just over a year earlier, Britain had supported the Finns against the Russians. ww2dbase [AC]

• The US Navy established the Naval Air Station at Midway under Commander Cyril T. Simard. ww2dbase [Midway Bases | Midway | CPC]

1 Aug 1941 Interactive Map