local
US and Iran pause strikes but disagree over next steps on talks
By JON GAMBRELL and JOSH BOAK, Associated Press at Yourbasin / Big 2 KMID + Fox 24 KPEJ (Nexstar)
· June 29, 2026
· 1 min read
DUBAI, United Arab Emirates (AP) — The United States and Iran on Monday separately announced they will send delegations to Qatar this week, though Tehran insisted it has not agreed to meet with the U.S. “at any level” after attacks across the Persian Gulf over the weekend challenged negotiations ...
Key takeaway “at any level” after attacks across the Persian Gulf over the weekend challenged negotiations to end the war.
Why this matters in The Odessa
For Odessa residents, the pause in strikes between the US and Iran may bring temporary relief, but the uncertainty surrounding next steps in talks is a concern for the local economy. As a major player in the Permian Basin oil production, any instability in the global oil market can have a direct impact on the city's businesses and workers. The price of oil has already been volatile in recent months, and further tensions between the US and Iran could lead to increased prices at the pump and decreased demand for local oil. This, in turn, could affect the livelihoods of many Odessa residents who work in the oil industry. As the situation unfolds, Odessa will be watching closely to see how the US and Iran navigate their differences and whether a path forward can be found to ease tensions and stabilize the global oil market.
About this story
Original reporting by Yourbasin / Big 2 KMID + Fox 24 KPEJ (Nexstar) . The Odessa surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
For the complete original report, visit Yourbasin / Big 2 KMID + Fox 24 KPEJ (Nexstar) . Have a tip or correction? Contact our newsroom .
Category: local ·
Published: June 29, 2026 ·
Source: Yourbasin / Big 2 KMID + Fox 24 KPEJ (Nexstar) ·
Reading time: 1 min
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Frequently asked about this story
What is this story about? DUBAI, United Arab Emirates (AP) — The United States and Iran on Monday separately announced they will send delegations to Qatar this week, though Tehran insisted it has not agreed to meet with the U.S. “at any level” after attacks across the Persian Gulf over the weekend challenged negotiations ...
When was this published? This article was first published on June 29, 2026 by Yourbasin / Big 2 KMID + Fox 24 KPEJ (Nexstar) and curated for The Odessa readers.
Who reported this story? This story was reported by JON GAMBRELL and JOSH BOAK, Associated Press at Yourbasin / Big 2 KMID + Fox 24 KPEJ (Nexstar). To learn more about how The Odessa selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more local coverage from The Odessa, or browse our daily briefing and topic hubs .
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