Hussein told Al Jazeera in an interview on Saturday that Baghdad is seeking to resolve disagreements with Saudi Arabia through dialogue.
Saudi Arabia has accused Iran-aligned groups operating in Iraq of attacking its oil infrastructure. In September, Baghdad confirmed that drone attacks on the kingdom's East-West pipeline originated from Iraqi territory.
Hussein said Iraq was negotiating with Iran-aligned armed factions to bring their weapons under state control and that the process must be pursued through dialogue rather than force. He also said Iraq was in contact with Tehran regarding the issue of weapons held by Iraqi factions.
Iraq's government had initially set a deadline for armed factions to bring their weapons under state control by September 30, when the US-led international coalition to combat ISIL (ISIS) was set to end its mandate and leave the country. However, it pushed back the deadline to June 2027 after encountering resistance to the policy, despite long-standing pressure from the US to fulfil its disarmament pledge.
On Iraq's balancing act between Tehran and Washington, Hussein confirmed that the US had formally requested the closure of all but two border crossings with Iran. He added that while Iraq welcomed friendship and an alliance with Tehran, it rejected interference in its internal affairs.
The foreign minister also said that Iraq had lost about $60bn from the suspension of oil exports through the Strait of Hormuz, but that shipments have resumed after understandings were reached with Washington and Tehran.
On the issue of combatting ISIL after the coalition pullout, Hussein said that Iraq, Syria, Jordan and Turkiye have formed a committee to fight the group's presence in Syria.