Iranian President Accepts Oil Minister's Resignation, Names Acting Successor
Iranian President Masoud Pezeshkian has accepted the resignation of Oil Minister Mohsen Paknejad, according to Mehdi Tabatabaei, Deputy for Communications and Media at the Iranian President's Office. The move was announced on Sunday via Fars News Agency, a prominent Iranian news outlet. Tabatabaei stated that Pezeshkian has appointed Hamid Bord, CEO of the National Iranian Oil Company, as acting minister in Paknejad's place.
The resignation and subsequent appointment were confirmed through Mehdi Tabatabaei's post on the platform 'X', a social media outlet. This development comes at a time when oil prices are fluctuating globally, and countries are closely monitoring their energy sectors. The impact of this change in leadership within Iran's oil ministry is yet to be fully assessed.