US Iran negotiations release signal of energy easing, diesel supply bottleneck continues to intensify inflationary pressure

During the UN General Assembly, representatives from the United States and Iran contacted and proposed a phased ceasefire plan, causing international oil prices to drop by nearly 2% during trading. Houthi militants have launched 6 ballistic missiles at energy facilities in Yanbu, Saudi Arabia, posing a threat to the Red Sea export capability. The retail price of diesel in the United States has risen to $6.51 per gallon, and the White House is evaluating export restrictions, but compressing overseas demand will weaken refinery output. On September 25th, the market observed whether energy supply could recover from multiple bottlenecks. If there is a time difference between diplomatic progress and actual supply recovery, diesel, transportation, and agricultural costs will continue to exert inflationary pressure through the second round effect.