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commerce
shāng yè
商业
·HSK 4

US-Iran
Měi-Yī
美伊
peace agreement / reconciliation agreement
héjiě xiéyì
和解协议
to take effect
shēngxiào
生效
，
global / worldwide
quánqiú
全球
oil price
yóujià
油价
to continue / continuously
chíxù
持续
to fall / to drop
xiàdiē
下跌
。

as / along with
suízhe
随着
US-Iran
Měi-Yī
美伊
ceasefire agreement
tínghuǒ xiéyì
停火协议
to take effect
shēngxiào
生效
、
Strait of Hormuz
Huò'ěr mùzī Hǎixiá
霍尔木兹海峡
again / anew
chóngxīn
重新
to open
kāifàng
开放
，
international
guójì
国际
oil price
yóujià
油价
further / one step further
jìn yī bù
进一步
to fall / to drop
zǒu dī
走低
，
currently / at present
mùqián
目前
per barrel
měi tǒng
每桶
approximately
yuē
约
$77 USD
qīshíqī měiyuán
77美元
。
analysts
fēnxī rénshì
分析人士
to point out / to indicate
zhǐchū
指出
，
oil price
yóujià
油价
to recover / to return
huīfù
恢复
to
dào
到
pre-war
zhànqián
战前
level
shuǐpíng
水平
possibly / may
kěnéng
可能
still requires
réng xū
仍需
several months
shù yuè
数月
time
shíjiān
时间
。

July 4, 2026 at 12:00 PM

as / along with
suízhe
随着
US-Iran
Měi-Yī
美伊
ceasefire agreement
tínghuǒ xiéyì
停火协议
officially / formally
zhèngshì
正式
to take effect
shēngxiào
生效
，
global / worldwide
quánqiú
全球
oil price
yóujià
油价
recently / in recent days
jìnqī
近期
to continue / continuously
chíxù
持续
to fall / to drop
xiàdiē
下跌
。
according to / based on
gēnjù
根据
agreement
xiéyì
协议
，
Iran
Yīráng
伊朗
already
yǐ
已
again / anew
chóngxīn
重新
to open
kāifàng
开放
Strait of Hormuz
Huò'ěr mùzī Hǎixiá
霍尔木兹海峡
，
United States
Měiguó
美国
also
yě
也
to lift / to remove
jiěchú
解除
completed-action particle
le
了
on
duì
对
Iran
Yīráng
伊朗
port
gǎngkǒu
港口
structural particle
de
的
naval blockade
hǎishàng fēngsuǒ
海上封锁
。
international
guójì
国际
crude oil
yuányóu
原油
benchmark price
jīzhǔn jiàgé
基准价格
currently / at present
mùqián
目前
is approximately
yuē wéi
约为
per barrel
měi tǒng
每桶
$77 USD
qīshíqī měiyuán
77美元
，
only / merely
jǐn
仅
compared to
bǐ
比
pre-war
zhànqián
战前
higher by
gāo chū
高出
approximately
yuē
约
7 percent
bǎi fēn zhī qī
7%
。
however / nevertheless
rán'ér
然而
，
analysts
fēnxī rénshì
分析人士
to warn
jǐnggào
警告
stating / saying
chēng
称
，
due to / because of
yóuyú
由于
supply chain
gōngyìng liàn
供应链
tight / strained
jǐnzhāng
紧张
，
oil price
yóujià
油价
to return to
huí dào
回到
pre-war
zhànqián
战前
level
shuǐpíng
水平
still requires
réng xū
仍需
several months
shù yuè
数月
time
shíjiān
时间
。
port
gǎngkǒu
港口
congestion / bottleneck
yōngdǔ
拥堵
、
summer
xiàjì
夏季
demand
xūqiú
需求
strong / robust
wàngshèng
旺盛
as well as
yǐjí
以及
producer
shēngchǎn shāng
生产商
structural particle
de
的
wait-and-see attitude
guānwàng tàidù
观望态度
，
all are
dōu zài
都在
to hinder / to obstruct
zǔài
阻碍
supply
gōngyìng
供应
rapid / fast
kuàisù
快速
to recover / to restore
huīfù
恢复
。
oil price
yóujià
油价
to fall / to drop
xiàdiē
下跌
already
yǐ
已
to push / to drive
tuīdòng
推动
stock market
gǔshì
股市
to rise / to go up
shàngzhǎng
上涨
，
market
shìchǎng
市场
to expect / expectation
yùqī
预期
the US Federal Reserve
Měi lián chǔ
美联储
will
jiāng
将
to maintain
wéichí
维持
current / existing
xiànxíng
现行
interest rate
lìlǜ
利率
unchanged
bù biàn
不变
。

News in English

Business

Oil prices continue to fall as US-Iran peace framework takes effect

Oil prices fell further as the US-Iran ceasefire agreement took effect and the Strait of Hormuz reopened, with international prices around $77 per barrel. Analysts say it may still take months for prices to return to pre-war levels.

More in Business

Momenta
Móméng tǎ
摩蒙塔
Hong Kong
Xiānggǎng
香港
listed
shàngshì
上市
fundraising
róngjī
融资
$752 million
7.52 yì měiyuán
7.52亿美元

Chinese Autonomous Driving Firm Momenta Debuts on Hong Kong Stock Exchange with 752 Million Fundraise

Samsung (South Korean electronics company)
Sānxīng
三星
、
SK Hynix (South Korean memory chipmaker)
SK Hǎilìshì
SK海力士
and / together with
yǔ
与
Micron (US semiconductor company)
Měiguāng
美光
to race to / to vie in
jìngxiāng
竞相
to expand / to increase
kuòdà
扩大
AI / artificial intelligence
AI
AI
memory (computing)
nèicún
内存
chip / semiconductor chip
xīnpiàn
芯片
production capacity
chǎnnéng
产能
。

Samsung, SK Hynix and Micron Race to Expand AI Memory Chip Capacity

China
Zhōngguó
中国
artificial intelligence
réngōng zhìnéng
人工智能
company
gōngsī
公司
MiniMax (Chinese AI company)
MiniMax
MiniMax
to complete
wánchéng
完成
$2 billion
èrshí yì měiyuán
二十亿美元
fundraising / financing
róngzī
融资
。

Chinese AI Firm MiniMax Raises 2 Billion Dollars in Hong Kong Share Sale

PepsiCo
Bǎishì Gōngsī
百事公司
earnings / performance
yèjī
业绩
lower than / below
dīyú
低于
expectation / forecast
yùqī
预期
，
the United States
Měiguó
美国
stock market
gǔshì
股市
slightly / marginally
xiǎofú
小幅
to rise / to increase
shàngzhǎng
上涨
。

PepsiCo Earnings Disappoint as US Stocks Edge Higher