Asharq Al Awsat Iraqi Kurdistan and the federal government have managed to settle their oil disputes, which would allow Russian companies to restart their projects in the region, TASS news agency reported Russia's Energy Minister Sergei Tsivilev as saying.

"We have received critical information. Iraqi Foreign Minister Fuad Hussein and Prime Minister Mohammed Shia al-Sudani have assured us that all disputes between the federal government and Kurdistan have been resolved,

Russia's huge oil and gas presence in neighboring Iran may give it an advantage in creating synergies in Iraq.

The Iraqi Prime Minister and the Russian Energy Minister discussed cooperation in different fields, including oil and energy industries.

Russia, Iran and Iraq will form a working group for the joint development of the North-South international transport corridor, Russian Energy Minister Sergei Tsivilev told reporters after a meeting of the Russia-Iraq intergovernmental commission for trade,

Russia has invited Iraq to join the standards of the Oil and Gas Technology Initiatives Institute (INTI), which would enable Russian companies to bid in tenders to supply Russian oilfield service equipment to the country,

Russian oil companies are set to restart their frozen projects in Kurdistan after the Iraqi federal government and the Kurdistan Regional Government resolved their disputes.

Mandy Hickson, one of the first women to fly fast jets for the RAF, explains why air-policing missions next to Russia could be so risky

Iraq reaffirmed its commitment to the OPEC+ agreement on Monday and said it would present an updated plan to compensate for any overproduction in previous periods, according to a statement from the Iraqi oil ministry.

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Brent futures were up 13 cents at $74.56 barrel by 1103 GMT, while U.S. West Texas Intermediate crude futures added 11 cents to $70.51