Politics · Other · 2 hrs ago
Iran’s oil minister resigns, with no reason given
Mohsen Paknejad has resigned as Iran’s oil minister, state media said.
President Masoud Pezeshkian accepted his resignation and appointed Hamid Bovard, head of the state-owned National Iranian Oil Company, as acting minister.
No reason was given for the resignation.
Paknejad had held the post since August 2024.
His departure comes as a seven-month war with the United States pressures Iran’s economy.
Before news of his resignation, Paknejad said revenue from oil already sold was still coming in and would continue.
Bovard will lead the ministry while serving as acting minister, and the sources do not say what happens next.
Iranian Oil Minister Mohsen Paknejad has resigned, state media reported.
No reason was given for his resignation.
Hamid Bovard, chief executive of the National Iranian Oil Company, was appointed acting oil minister.
President Masoud Pezeshkian accepted Paknejad’s resignation.
Paknejad had served as oil minister since August 2024.
- Who
- Mohsen Paknejad resigned; Hamid Bovard was appointed acting oil minister.
- What
- Iran’s oil minister resigned, and no reason was given.
- When
- Sunday, October 5, 2026.
- Where
- Iran.
- Why
- Not stated.
This story does not have two clearly opposing sides.
Paknejad became Iran’s oil minister.
State media reported that Paknejad had resigned and Bovard had been appointed acting oil minister.
- Resigning minister
- Mohsen Paknejad
- Acting oil minister
- Hamid Bovard
- Bovard’s position
- Chief executive of the National Iranian Oil Company
- Tenure began
- August 2024
- Resignation reported
- October 5, 2026
What people are saying
With acceptance of Mohsen Paknejad’s resignation by Dr. Pezeshkian [the country’s president], Hamid Bovard has been appointed as acting oil minister
revenues of the oil that we have sold are still coming and that will continue God willing