According to CoinMeta, as reported by Axios, Qatar's mediation efforts this week aimed to facilitate a diplomatic breakthrough between the United States and Iran, but little progress was made as neither side was willing to make concessions. This deadlock has further reinforced the perception on both sides that a military conflict could escalate again. U.S. officials believe that after the mid-term elections, Trump may order the resumption of large-scale military operations. Qatarian officials will continue to mediate, but the frustration on both U.S. and Iranian sides is increasing. Iran has stated that it will only consider making concessions after the United States agrees to resume the memorandum of understanding signed in June.