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commerce
shāng yè
商业
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Brent crude benchmark
Bùlúntè
布伦特
crude oil
yuányóu
原油
to reach / to hit a level
chùjí
触及
per barrel
měi tǒng
每桶
USD 126
126 měiyuán
126美元
Iran
Yīlǎng
伊朗
situation / geopolitical developments
júshì
局势
to intensify / to worsen
jiājù
加剧
the market
shìchǎng
市场
volatility / price swings
bōdòng
波动

affected by / subject to
shòu
US-Iran
Měi-Yī
美伊
conflict
chōngtū
冲突
escalation
shēngjí
升级
impact
yǐngxiǎng
影响
Brent (crude benchmark)
Bùlúntè
布伦特
crude oil
yuányóu
原油
futures contracts
qīhuò
期货
April 30
4 yuè 30 rì
4月30日
intraday / during trading
pán zhōng
盘中
to surge sharply
biāoshēng
飙升
to / reaching
zhì
per barrel
měi tǒng
每桶
USD 126.41 per barrel
126.41 měiyuán
126.41美元
subsequently
suíhòu
随后
to pull back / to fall back
huíluò
回落
down to
zhì
USD 114
114 měiyuán
114美元
around / near that level
fùjìn
附近
International Energy Agency (IEA)
Guójì Néngyuán Shǔ
国际能源署
stated / described
chēng
this / the current
běn cì
本次
supply
gōngyìng
供应
disruption
zhōngduàn
中断
is
shì
global
quánqiú
全球
oil market
yóushì
油市
in history / historically
shǐ shàng
史上
largest in scale
guīmó zuì dà
规模最大
(structural particle)
de
crisis
wēijī
危机
one of
zhī yī
之一

April 30, 2026 at 2:00 PM

April 30
4 yuè 30 rì
4月30日
global
quánqiú
全球
oil market
yóushì
油市
to experience
jīnglì
经历
intense / severe
jùliè
剧烈
turbulence / wild swings
zhèndàng
震荡
Brent crude benchmark
Bùlúntè
布伦特
crude oil
yuányóu
原油
futures
qīhuò
期货
price
jiàgé
价格
at one point
yīdù
一度
to surge sharply
biāoshēng
飙升
to / reaching
zhì
per barrel
měi tǒng
每桶
USD 126.41 per barrel
126.41 měiyuán
126.41美元
to set a new record
chuàng xià
创下
in four years
sì nián lái
四年来
new high
xīn gāo
新高
the United States
Měiguó
美国
and
Iran
Yīlǎng
伊朗
between
zhījiān
之间
(structural particle)
de
military
jūnshì
军事
standoff / confrontation
duìzhì
对峙
to lead to / to cause
dǎozhì
导致
Hormuz (Strait of Hormuz)
Huòěrmùzī
霍尔木兹
strait
hǎixiá
海峡
shipping volume
hángyùn liàng
航运量
significantly / by a large margin
dàfú
大幅
to decline
xiàjiàng
下降
while / and
ér
this strait
gāi hǎixiá
该海峡
to handle / to carry
chéngdān
承担
(progressive particle)
zhe
global
quánqiú
全球
approximately
yuē
one fifth
wǔ fēn zhī yī
五分之一
(structural particle)
de
oil / petroleum
shíyóu
石油
transportation / shipping
yùnshū
运输
International Energy Agency (IEA)
Guójì Néngyuán Shǔ
国际能源署
in
zài
a (document)
yī fèn
一份
statement
shēngmíng
声明
in / within
zhōng
(introduces the object)
jiāng
this / the current
cǐ cì
此次
supply
gōngyìng
供应
disruption
zhōngduàn
中断
to characterize as / to describe as
dìngxìng wéi
定性为
global
quánqiú
全球
oil market
yóushì
油市
in history
shǐ shàng
史上
largest in scale
guīmó zuì dà
规模最大
(structural particle)
de
supply
gōngyìng
供应
crisis
wēijī
危机
Brent crude
Bùlúntè
布伦特
oil price
yóujià
油价
in / during
zài
intraday session
pán zhōng
盘中
subsequently
suíhòu
随后
pulled back / fell back
huíluò
回落
to close at / to settle at
shōu yú
收于
per barrel
měi tǒng
每桶
USD 114
114 měiyuán
114美元
approximately / around
zuǒyòu
左右
but / however
dàn
the market
shìchǎng
市场
sentiment / mood
qíngxù
情绪
still / remained
yīrán
依然
highly / intensely
gāodù
高度
tense / on edge
jǐnzhāng
紧张
energy
néngyuán
能源
prices
jiàgé
价格
surge / spike
biāoshēng
飙升
causing / making
lìng
global
quánqiú
全球
inflation
tōnghuò péngzhàng
通货膨胀
pressure
yālì
压力
further / additionally
jìn yī bù
进一步
to increase / to intensify
jiādà
加大
several / multiple
duō gè
多个
major
zhǔyào
主要
economies
jīngjì tǐ
经济体
have already
to begin
kāishǐ
开始
to discuss
tǎolùn
讨论
countermeasures / response measures
yìngduì cuòshī
应对措施
analysts
fēnxī rénshì
分析人士
to warn
jǐnggào
警告
if / should
ruò
US-Iran
Měi-Yī
美伊
situation
júshì
局势
in the near term
duǎnqī nèi
短期内
unable to
wúfǎ
无法
to ease / to de-escalate
huǎnjiě
缓解
international
guójì
国际
oil prices
yóujià
油价
may / could
huò jiāng
或将
to continue
jìxù
继续
to move higher / to rise
shàngxíng
上行

New Words

guójì huòbì jījīn zǔzhī
国际货币基金组织
International Monetary Fund
jīngjì qiánjǐng
经济前景
economic outlook
zēngzhǎng lǜ
增长率
growth rate
fāda jīngjì tǐ
发达经济体
advanced economies
xīnxīng shìchǎng
新兴市场
emerging markets
tōnghuò péngzhàng
通货膨胀
inflation
dìyuán zhèngzhì
地缘政治
geopolitical
zhàiwù
债务
debt
zhèngcè
政策
policy
jīnróng wěndìng
金融稳定
financial stability

News in English

Business

Brent Crude Hits USD 126 as Iran Conflict Disrupts Global Energy Markets

Brent crude surged intraday to USD 126.41 before pulling back to around USD 114, as the US-Iran conflict escalated and disrupted shipping through the Strait of Hormuz. The International Energy Agency described the disruption as the largest supply crisis in global oil market history.

The International Monetary Fund released an updated economic outlook projecting global growth of 3.2% for 2026, slightly above previous estimates. Advanced economies expected to grow 1.8%, while emerging markets forecast to expand 4.5%.

The IMF cited strong labor markets and moderating inflation as supporting continued growth. However, geopolitical risks and potential trade tensions posed downside risks to the forecast.

China's economy projected to grow 4.7%, below historical averages due to structural challenges and property sector weakness. The Fund recommended policy adjustments to support domestic demand and address excess industrial capacity.

The IMF warned of potential financial stability risks from elevated debt levels in several countries. Officials called for coordinated policy responses to manage inflation expectations while supporting growth objectives across economies.

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jiā xī
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jìhuà
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to acquire / takeover
shōugòu
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Wēndí
温迪
stock price
gǔjià
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to rise / to go up
shàngzhǎng
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