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Iranian officials have expressed pessimism about the possibility of reaching an agreement with the United States before the midterm elections in November, with the goal of ending hostilities and opening the Strait of Hormuz. The lack of progress in New York negotiations and ongoing doubts about Washington's commitment suggest a potential escalation of the conflict after the elections. The United States continues negotiations through intermediaries, with key conditions related to the nuclear program and the reopening of the strait, while Washington refuses to lift the maritime ban and oil sanctions until Iran commits. This deadlock has led to a 3% increase in oil prices, surpassing $108.20 per barrel, adding pressure on inflation in the United States ahead of the November elections.
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