Iran’s Oil Minister Mohsen Paknejad has resigned, and Hamid Bovard, Chief Executive of the government-owned National Iranian Oil Company, will be in charge of the Ministry as acting Minister.
No reason has been given by state media in Iran for the resignation.
Mohsen Paknejad has been the oil Minister since August 2024.
His resignation comes as the seven-month war between Iran and the United States puts pressure on the country’s economy.
–Reuters–
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