Kurdish government in Erbil has offered suspending the results of the Region's independence referendum, the government said in a statement Wednesday.
It also declared its readiness to hold talks with the central government in Baghdad to end the standoff between both governments.
The clashes between Peshmerga and Iraqi forces resulted in many casualties, which could also lead to a war of attrition, where everybody will lose, the statement added.
Fighting between both sides will not achieve victory for any of them, on the contrary, it will destroy the country, so, Kurdistan government also proposed to
This comes as the crisis in Kirkuk has escalated. Peshmerga forces have been fending off attacks launched by the Iraqi forces, backed by Iranian militias in Iraq and Syria (IMIS).
Tensions between the two sides over the future of Kurdistan have been high since the Kurds voted for independence in a September referendum.
The oil-rich Kirkuk Governorate has emerged as a flashpoint in the crisis as it is claimed by both sides.