Iran Oil Minister Mohsen Paknejad Resigns Without Stated Reason

Iranian Oil Minister Mohsen Paknejad resigned from his position on October 5, 2026, with state media providing no reason for the departure.

Hamid Bovard, chief executive of the National Iranian Oil Company, was appointed as acting oil minister following the acceptance of the resignation by President Pezeshkian.

Paknejad had served as the oil minister of the OPEC member country since August 2024 amid economic pressure from the seven-month war between Iran and the U.S.