Rome, October 16 (QNA) - Iraq warned of the ongoing repercussions of escalation between the United States and Iran, highlighting its impact on global energy security, inflation rates, and both regional and international economies.

During a meeting with his Italian counterpart Antonio Tajani in Rome, Iraqi Foreign Minister Fuad Hussein stated that the economic losses incurred by Iraq due to the US-Iran conflict are estimated at approximately USD 60 billion.

The meeting addressed bilateral relations and avenues to bolster mutual cooperation, alongside regional developments in the Middle East and the Russia-Ukraine war. (QNA)