Iran's National Security Council said the maritime blockade against Iran will end immediately and in full.

French President Macron said the G7 will do everything possible to ensure the Strait of Hormuz reopens.

Shanghai deputy party secretary and Mayor Gong Zheng chaired a municipal executive meeting on June 15 that in principle approved the city’s 15th Five-Year Plan for urban renewal and housing development. The plan directs high-quality urban renewal and a faster shift to a new real-estate development model, endorses a rent-and-buy approach, and sets targets to balance supply and demand for market-rate housing and keep overall prices stable; it also calls for expanding and upgrading guaranteed rental housing, accelerating construction of homeowners’ committees where required, resolving community property-management issues, and developing waterfront districts along the city’s main waterways.