Iranian officials privately expressed pessimism on September 29, 2026, about reaching a deal with the United States to end hostilities and reopen the Strait of Hormuz before November 3 midterm elections. Officials believe there is a high chance the conflict will escalate after the elections.
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Iranian officials have privately expressed pessimism about reaching a deal to end hostilities with Washington and reopen the Strait of Hormuz before US midterm elections in November, according to people familiar with the matter.
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Tehran believes there's a high chance of the conflict escalating after the Nov. 3 vote.
Iranian officials have privately expressed pessimism about reaching a deal to end hostilities with Washington before US midterm elections in November. Bloomberg's Stuart Livingstone-Wallace has the latest developments. (Source: Bloomberg)
Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from Brussels, we set the agenda for your day, catching you up with overnight markets news from the US and Asia. And we'll tell you what matters for investors in Europe, giving you insight before trading begins. Global equities slid to a one-week low as surging oil prices and mounting bets on further Federal Reserve in
The US and Iran are talking through mediators, but there are major differences over what a deal should look like.
Iranian officials have privately expressed pessimism about reaching a deal to end hostilities with the US before midterm elections in November, according to people familiar with the matter. The two nations made little progress during talks in New York on the sidelines of the United Nations General Assembly last week, the people said. Bloomberg's Paul Wallace breaks down the situation. (Source: Blo