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Iran's Oil Minister Resigns Amid Unclear Circumstances

Guavy AI Editorial Team
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Iran's Oil Minister Mohsen Paknejad has stepped down from his position, according to state media. The resignation of Paknejad comes after he served as oil minister for an unspecified amount of time. Hamid Bovard, the chief executive of the National Iranian Oil Company, will take over as acting minister in Paknejad's place.

The exact reason for Paknejad's resignation is not clear from state media reports. However, it has been reported that he made a statement at a signing ceremony attended by Russian Energy Minister Sergei Tsivilev in Moscow, Russia on April 25, 2025.

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