Iranian officials privately doubt a deal with Washington to end hostilities and reopen the Strait of Hormuz could be reached before the Nov. 3 midterms, Bloomberg reports. Talks in New York brought limited progress, with nuclear concessions and the strait remaining the main sticking points. Mediator negotiations are ongoing. Brent rose above $106.

Iranian officials privately doubt a deal with Washington to end hostilities and reopen the Strait of Hormuz could be reached before the Nov. 3 midterms, Bloomberg reports. Talks in New York brought limited progress, with nuclear concessions and the strait remaining the main sticking points. Mediator negotiations are ongoing. Brent rose above $106.