Iran's Oil Minister Mohsen Paknejad stated on Saturday that Iran and Iraq are close to resolving a dispute concerning disruptions to Iranian gas supplies and Iraq's outstanding payments for these exports. Paknejad made the announcement on Saturday, indicating progress in negotiations to settle the financial and supply issues that have impacted energy cooperation between the two neighboring countries. While the specific details of the resolution were not disclosed, the statement suggests a positive development in bilateral energy relations, according to the report from Bloomberg. This dispute has been a point of contention, affecting the flow of natural gas from Iran to Iraq, a critical commodity for Iraq's power generation sector. The resolution, if finalized, would ensure the continuity of these supplies and clear the outstanding financial obligations.
