A U.S. government watchdog on Sept. 14 released the first report on the US‑Iran conflict’s effects, acknowledging shortages in advanced U.S. weapons stocks and detailing damage to U.S. aircraft, bases and diplomatic facilities in the Middle East. The PENTAGON inspector general says the war has caused “strategic stock shortfalls” and exposed munitions‑replenishment industrial‑base bottlenecks. Independent analysts estimate the U.S. military may need about three years to restore advanced missile a

Seasonal demand ahead of Mid‑Autumn and National Day and cooler weather have pushed Chinese beef consumption higher, lifting both volumes and prices. A meat company in Binzhou, Shandong said beef tenderloin prices have moved from roughly 90 yuan/kg to above 100 yuan/kg. Ministry of Agriculture and Rural Affairs monitoring shows nationwide beef at 75.73 yuan/kg in the second week of September, up 0.5% MoM, 7.2% YoY and 6.1% year‑to‑date. Falling beef‑cattle stocks are tightening supply; a farm in Shahe, Xingtai (Hebei) with about 450 head recently sold ~30 head and reports per‑head profits of 2,000–2,500 yuan. A researcher at the Institute of Agricultural Economics and Development, Chinese Academy of Agricultural Sciences, Yang Chun, says higher international cattle prices in 2026 combined with peak‑season domestic demand point to further upside in beef prices.

意大利油企埃尼集团欧股早盘上涨1.5%。