In response, the U.S. military restarted and expanded a series of consecutive nightly airstrikes against Iran, thus violating the same agreement. With less than 30 days of the 60-day negotiation period remaining, what can the world oil markets expect next? “The 60-day negotiating period isn’t the key number,” a senior Washington-based source who works closely with the U.S. Treasury exclusively told OilPrice.com last week. “The key number’s the third of November, which is when the mid-terms [U.S. Congressional Elections] begin,” he added. At the time of writing, the average gasoline price in the U.S. was US$3.85 per gallon.