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Huatai Securities: Diesel Prices Likely to Remain High, Expected to Gently Push Up US Inflation
36Kr reports that Huatai Securities research indicates that with the US-Iran conflict unresolved and global crude oil refining capacity unlikely to improve significantly in the near term, the global diesel supply-demand gap will be difficult to alleviate soon. Consequently, diesel prices are expected to remain elevated, which is anticipated to gently push up US inflation.
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