Iran's Oil Minister Resigns As Exports Dry Up. The Country Is Now Facing An Economic Crisis Of Huge Proportions.
- Posted on October 5, 2026
- By International Business Times
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- 1 min read
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Iran's Oil Minister Resigns As Exports Dry Up. The Country Is Now Facing An Economic Crisis Of Huge Proportions.
As Tehran grapples with an ever-worsening economic crisis, Iran's presidential office confirmed on Sunday that Mohsen Paknejad will be replaced by Hamid Bovard, the CEO of the National Iranian Oil Company.
