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commerce
shāng yè
商业
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Iran
Yīlǎng
伊朗
to announce / declare
xuānbù
宣布
the Strait of Hormuz
Huòěrmùzī Hǎixiá
霍尔木兹海峡
to be open / accessible
kāifàng
开放
international
guójì
国际
oil prices
yóujià
油价
to plunge sharply
bàodiē
暴跌
more than / exceeding
10 percent (one-tenth)
yī chéng
一成

Israel-Lebanon (abbreviation)
Yǐ Lí
以黎
ceasefire agreement
tínghuǒ xiéyì
停火协议
on (date marker)
April 17
4 yuè 17 rì
4月17日
to take effect
shēngxiào
生效
Iran
Yīlǎng
伊朗
immediately / right away
suíjí
随即
to announce
xuānbù
宣布
the Strait of Hormuz
Huòěrmùzī Hǎixiá
霍尔木兹海峡
toward / for
xiàng
commercial vessel
shāngchuán
商船
fully / completely
quánmiàn
全面
to open
kāifàng
开放
Brent crude oil
Bùlúntè yuányóu
布伦特原油
that same day
dāngrì
当日
to fall / drop
xiàdiē
下跌
11 percent
bǎifēnzhī shíyī
11%
to / reaching
zhì
approximately $89 per barrel
měi tǒng yuē 89 měiyuán
每桶约89美元
but / however
dàn
the United States
Měiguó
美国
to state
biǎoshì
表示
blockade
fēngsuǒ
封锁
measures
cuòshī
措施
will still
réng jiāng
仍将
to continue
chíxù
持续

April 18, 2026 at 8:00 AM

April 17
4 yuè 17 rì
4月17日
Israel
Yǐsèliè
以色列
and / with
Lebanon
Líbānèn
黎巴嫩
lasting ten days
wéiqī shí tiān
为期十天
(structural particle)
de
ceasefire agreement
tínghuǒ xiéyì
停火协议
officially / formally
zhèngshì
正式
to take effect
shēngxiào
生效
Iran
Yīlǎng
伊朗
immediately / right away
suíjí
随即
to announce
xuānbù
宣布
the Strait of Hormuz
Huòěrmùzī Hǎixiá
霍尔木兹海峡
to / toward
duì
all / every
suǒyǒu
所有
commercial vessel
shāngchuán
商船
fully / completely
quánmiàn
全面
to open
kāifàng
开放
driven by / buoyed by
shòu
this
zhè yī
这一
news / report
xiāoxi
消息
to drive / to pull along
dàidòng
带动
international
guójì
国际
oil prices
yóujià
油价
by a large margin
dàfú
大幅
to fall / drop
xiàdiē
下跌
Brent crude oil
Bùlúntè yuányóu
布伦特原油
to fall
xiàdiē
下跌
more than 11 percent
yú bǎifēnzhī shíyī
逾11%
to / reaching
zhì
approximately $89 per barrel
měi tǒng yuē 89 měiyuán
每桶约89美元
the United States
Měiguó
美国
benchmark
jīzhǔn
基准
crude oil
yuányóu
原油
West Texas Intermediate (WTI)
Xī Dékèsàsī zhōngzhìyóu
西德克萨斯中质油
magnitude of decline
diéfú
跌幅
approximately
yuē wéi
约为
12 percent
bǎifēnzhī shíèr
12%
to / reaching
zhì
approximately $84 per barrel
měi tǒng yuē 84 měiyuán
每桶约84美元
Iran
Yīlǎng
伊朗
toward
duì
the Strait of Hormuz
Huòěrmùzī Hǎixiá
霍尔木兹海峡
(structural particle)
de
blockade
fēngsuǒ
封锁
previously
cǐqián
此前
already
to continue / to last
chíxù
持续
several weeks
shù zhōu
数周
to lead to / to cause
dǎozhì
导致
global / worldwide
quánqiú
全球
oil prices
yóujià
油价
cumulatively
lěijì
累计
to rise
shàngzhǎng
上涨
more than 30 percent
yú sān chéng
逾三成
Iran
Yīlǎng
伊朗
foreign minister
wàizhǎng
外长
Araghchi (Iranian FM)
Ālāgéqí
阿拉格齐
to state
biǎoshì
表示
strait
hǎixiá
海峡
opening
kāifàng
开放
will
jiāng
to last
chíxù
持续
until
zhì
ceasefire agreement
tínghuǒ xiéyì
停火协议
within the valid period
yǒuxiàoqī nèi
有效期内
tentatively set
zàndìng
暂定
expiry date
jiézhǐ rìqī
截止日期
to be / is
wéi
April 26
4 yuè 26 rì
4月26日
the United States
Měiguó
美国
president
zǒngtǒng
总统
Trump
Tèlǎngpǔ
特朗普
to state
biǎoshì
表示
before
zài
with
Iran
Yīlǎng
伊朗
to reach / achieve
dáchéng
达成
more
gèng
comprehensive
quánmiàn
全面
agreement
xiéyì
协议
before
zhīqián
之前
the US side
Měifāng
美方
toward
duì
Iran
Yīlǎng
伊朗
ships
chuánzhī
船只
and / as well as
port
gǎngkǒu
港口
(structural particle)
de
blockade
fēngsuǒ
封锁
will not
bú huì
不会
to lift / remove
jiěchú
解除
buoyed by
shòu
oil prices
yóujià
油价
sharp decline
dàdiē
大跌
to boost / to lift
tízhèn
提振
the S&P 500 Index
Biāopǔ 500 zhǐshù
标普500指数
that same day
dāngrì
当日
to rise
shàngzhǎng
上涨
1.2 percent
bǎifēnzhī yī diǎn èr
1.2%
global
quánqiú
全球
multiple
duō gè
多个
major
zhǔyào
主要
stock market
gǔshì
股市
also
to show / to see
chūxiàn
出现
varying degrees
bùtóng chéngdù
不同程度
gains
shàngzhǎng
上涨

New Words

4 yuè 17 rì
4月17日
April 17
Yǐsèliè
以色列
Israel
Líbānèn
黎巴嫩
Lebanon
wéiqī shí tiān
为期十天
lasting ten days
tínghuǒ xiéyì
停火协议
ceasefire agreement
zhèngshì
正式
officially / formally
shēngxiào
生效
to take effect
Yīlǎng
伊朗
Iran
suíjí
随即
immediately / right away
xuānbù
宣布
to announce
Huòěrmùzī Hǎixiá
霍尔木兹海峡
the Strait of Hormuz
suǒyǒu
所有
all / every

News in English

Business

Iran 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.

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