Oil price stability: Putin, Iraqi PM discuss OPEC+ coordination

MOSCOW/DUBAI: Russian President Vladimir Putin held a phone call with Iraqi Prime Minister Mohammed Shia al-Sudani on Thursday during which they discussed the OPEC+ oil agreement and the situation in the Middle East, the Kremlin said.

In a later statement, al-Sudani’s office said that on the call the two had discussed the importance of coordination between OPEC and OPEC+ members on oil price stability in a manner that guarantees fair prices for exporters and consumers.

OPEC+ groups members of the Organization of the Petroleum Exporting Countries and allies led by Russia.