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Hassan Moukalled and his family denied the US allegations against him that led to the sanctions.
Lebanon's Speaker Nabih Berri has denied comments attributed to him in a The Washington Post report on Iran-Hezbollah ties, calling them 'completely untrue'.
Talks between South Korea and Iran have taken place, regarding the unfreezing of frozen Iranian assets, and the resumption of oil trade.
Despite its immense oil and gas reserves, Iraq remains dependent on imports to meet its energy needs, and neighbouring Iran currently supplies a third of its gas and electricity.
Iran was a key oil supplier to resource-poor South Korea until Washington's rules blocked the purchases.
The UAE has reportedly released hundreds of millions of dollars of frozen Iranian assets amid improving 'currency relations' between the two states.
The UN's budgets for war crimes investigations in Syria and Myanmar will now receive compulsory contributions from all 193 member states.
Ali Allawi met with his Saudi counterpart in Riyadh on Friday, seeking emergency funds from the GCC to stave off an impending financial crisis in the country.
This week in Iraq: The US has admitted that Islamic State is far from being defeated while the Iraqi interior ministry claimed that IS leader's health is deteriorating.
The White House has instructed the State Department to freeze over $200 million in funds earmarked for 'recovery efforts' in Syria, The Wall Street Journal reported on Friday.