Iran-US talks stall on nuclear concessions, Strait of Hormuz access

INTELLIGENCE SUMMARY

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