OREANDA-NEWS  Russian President Vladimir Putin, in a telephone conversation with Iraqi Prime Minister Mohammed Sudani, announced possible severe negative consequences for the global energy market in connection with attempts by Western countries to impose restrictions on the price of Russian oil.

"Both sides gave a positive assessment of the joint work with the participation of Russia and Iraq within the framework of OPEC Plus, which allows ensuring the stability of the global oil market," the Kremlin's press service said.

"The situation was also touched upon in connection with attempts by a number of Western countries to impose restrictions on the cost of crude oil from Russia. Vladimir Putin stressed that such actions contradict the principles of market relations and are highly likely to lead to serious consequences for the global energy market," the message reads.

It notes that during the conversation, "the traditionally friendly and constructive nature of Russian-Iraqi cooperation was stated, and the mutual mood for its further progressive development in various fields was expressed." Special attention is paid to the prospects of expanding trade and economic ties.

"During the exchange of views in connection with the escalation of tensions in northern Iraq, the Russian president spoke in favor of resolving emerging issues by political and diplomatic means," the press service notes.

According to her, it was agreed to continue contacts at various levels.