We study oscillations of Dirac neutrinos in background matter and a plane electromagnetic wave. First, we find the new exact solution of the Dirac-Pauli equation for a massive neutrino with the anomalous magnetic moment electroweakly interacting with matter under the influence of a plane electromagnetic wave with the circular polarization. We use this result to describe neutrino spin oscillations in the external fields in question. Then we consider several neutrino flavors and study neutrino spin-flavor oscillations in this system. For this purpose we formulate the initial condition problem and solve it accounting for the considered external fields. We derive the analytical expressions for the transition probabilities of spin-flavor oscillations for different types of neutrino magnetic moments. These analytical expressions are compared with the numerical solutions of the effective Schrodinger equation and with the findings of other authors. In particular, we reveal that a resonance in neutrino spin-flavor oscillations in the considered external fields cannot happen contrary to the previous claims. Finally, we briefly discuss some possible astrophysical applications.
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