Putin, Iraqi PM ‘concerned’ over global energy market amid Iran-Israel war

Major oil producers Russia and Iraq on Monday expressed “concern” over volatility in world energy markets amid the spiraling conflict between Iran and Israel following US attacks on Iranian nuclear sites.

In a phone call between Russian President Vladimir Putin and Iraqi Prime Minister Mohammed Shia al-Sudani, the Kremlin said the two leaders “expressed concern about the emerging risks to global energy markets and emphasized the importance of continuing active cooperation within the OPEC+ format.”