Politics
Iranian Oil Minister Paknejad resigns; acting minister named
October 4, 2026 at 06:35 PM · Updated 11d ago
Coverage
4 reports · over 12 hours
Iran's Oil Minister Mohsen Paknejad has resigned, and President Pezeshkian has appointed the state oil company chief as acting minister.
- Iranian official media reported Sunday that Oil Minister Mohsen Paknejad resigned, without giving a reason.
- The presidential media office said Pezeshkian accepted the resignation and appointed National Iranian Oil Company chief Hamed Bouvard acting minister.
- Paknejad was confirmed as oil minister in August 2024, joining the cabinet of President Masoud Pezeshkian.
- US Treasury Secretary Scott Bessent said Saturday that Iran will have no oil shipments at sea this week and will earn no revenue from them.
- Iranian official media said Paknejad resigned for personal reasons, after he insisted on stepping down.
- Presidential communications deputy Mehdi Tabatabai confirmed Pezeshkian accepted the resignation.



