· · 2 sources

Iran oil minister Mohsen Paknejad resigns amid war and sanctions

Iran's president accepted the resignation of oil minister Mohsen Paknejad on Sunday following long-standing personal reasons.

Iranian minister quits, replaced by oil executive
File photo Iranian minister quits, replaced by oil executive Photo: Business Recorder

Hamid Bord appointed acting head

The president issued a decree appointing Hamid Bord as acting Minister of Oil. Bord is currently the CEO of the National Iranian Oil Company and previously led several operating units within the organization.

Resignation accepted after initial rejection

State television reported that Paknejad initially offered his resignation due to personal issues but was asked to continue by President Pezeshkian. The official added that the minister insisted on leaving, prompting the president to accept his departure and commend his service.

Context of export blockade

The resignation announcement came as the United States maintained a blockade on Tehran's oil exports. This situation occurs while commercial ships face restrictions in the Strait of Hormuz due to ongoing strikes against Iran.

All 2 outlets report consistently

No differences in figures, names or dates across these reports.

  • Middle East Eye
  • Business Recorder

Reported by

2 independent outlets. Headlines as published. Links open the original report.