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Iranian minister quits, replaced by oil executive

Global Published 5 October 2026, 05:09 · archived 5 Oct 2026

TEHRAN: Iran’s oil minister Mohsen Paknejad has resigned and been replaced by the country’s top oil executive, the president’s office said in a statement on Sunday, amid a blockade on Tehran’s oil exports by the United States. “Following the acceptance of Mohsen Paknejad’s resignation, Hamid Bovard”, the CEO of the National Iranian Oil Company, “has been appointed as acting Minister of Oil by a decree from the president”, said the statement carried by state broadcaster IRIB. In a news bulletin on the minister’s resignation, state television ran an interview with an official from the Iranian pr...

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