Iran’s oil minister resigns, no reason given ...Iraq

Iranian Oil Minister Mohsen Paknejad has resigned, the presidential officesaid on Sunday, with no official reason given for his departure.

با پذیرش استعفای محسن پاک نژاد طی حکمی از سوی دکتر پزشکیان رئیس جمهور، حمید بورد به عنوان سرپرست وزارت نفت منصوب شد.

— سيد مهدي طباطبايي (@tabaei1356) October 4, 2026

Tehran faces one of the most severe economic crises in its history, with aUS naval blockade and tighter sanctions restricting oil exports and access toforeign currency. Earlier this week, Bloomberg reported that Iran loaded nocrude oil onto tankers in September for the first time since the US-Israeli warbegan on Feb. 28, compared with about 250,000 barrels per day in August.

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