IranYīlǎng伊朗to announce / declarexuānbù宣布the Strait of HormuzHuòěrmùzī Hǎixiá霍尔木兹海峡to be open / accessiblekāifàng开放,internationalguójì国际oil pricesyóujià油价to plunge sharplybàodiē暴跌more than / exceedingyú逾10 percent (one-tenth)yī chéng一成。
April 18, 2026 at 8:00 AM
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BusinessIran Declares Strait of Hormuz Open During Lebanon Ceasefire, Oil Prices Plunge Over 10 Percent
Iran declared the Strait of Hormuz fully open to commercial vessels on April 17 as a Lebanon ceasefire took effect, sending Brent crude down 11 percent to around $89 a barrel, though the United States said its blockade on Iranian ships would remain in force.
Urban development projects are incorporating sustainable design principles. Green buildings are reducing energy consumption and environmental impact. Cities are investing in public transportation infrastructure. Smart city technologies are being implemented to improve urban living. Urban planning increasingly focuses on sustainability and livability. Mixed-use developments are becoming popular in metropolitan areas.
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