Iranian oil minister steps down
Pro-Palestinian · Independent · Factuality 6/10
Published: 4 Oct 2026, 21:44 (Tehran time)
This event in Manshur
Iran’s Oil Minister Mohsen Paknejad resigns after reports of halted crude loadings
▸ Iran’s vice president for communications and information said on Sunday, 4 October that Mohsen Paknejad’s resignation as oil minister was accepted by Masoud Pezeshkian. Mehdi Tabatabai wrote on X that Hamid Bord has been appointed acting oil minister. Bord had been serving as deputy minister and CEO of the National Iranian Oil Company. The resignation comes amid a U.S. maritime interdiction campaign—reported to have entered a second phase on 14 July—that has sharply reduced Iranian oil exports. The U.S. Treasury secretary said on 30 September that “Iran loaded zero barrels of crude onto tankers in September” and added that the Trump administration is cutting the Islamic Republic’s “most vital source of revenue.” (Sources: Vahid Online and Radio Farda (Telegram)) Iran’s oil minister resigned after revelations that crude loadings had stopped. (Source: Radio Farda (Telegram))
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Iranian oil minister steps down
Iranian oil minister steps down Iran's oil minister Mohsen Paknejad has resigned, the president's office said in a statement on Sunday, amid long queues at petrol stations caused by the ongoing war and US sanctions. Paknejad, a member of President Masoud Pezeshkian's cabinet since August 2024, gave no reason for his resignation. Hamid Bord, the CEO of the National Iranian Oil Company (NIOC), "has been appointed as acting Minister of Oil by a decree from the president", according to a statement carried by Iran’s state media. Bord has held senior positions at NIOC and previously headed several of its operating units, including the National Iranian South Oil Company and the Iranian Offshore Oil Company.
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