economy Iran
Iran’s oil minister resigns amid economic crisis
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Farhikhtegan alleged that a trust set up during Paknejad’s tenure owed the National Iranian Oil Company nearly $2bn in oil-sale revenues.
Iranian President Masoud Pezeshkian accepted Oil Minister Mohsen Paknejad’s resignation after allegations that an intermediary handling overseas oil revenues owed the state nearly $2bn. The resignation came amid severe inflation, falling oil receipts and a weakening rial.
1 sourceThe GuardianUpdated
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Iran’s oil minister Mohsen Paknejad resigned.
“Iran’s oil minister has resigned”
Iranian President Masoud Pezeshkian accepted Mohsen Paknejad’s resignation.
“The Iranian president, Masoud Pezeshkian, said he had accepted the resignation of Paknejad”
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AllegedFarhikhtegan alleged that a trust set up during Paknejad’s tenure owed the National Iranian Oil Company nearly $2bn in oil-sale revenues.
“alleged that a trust set up on Paknejad’s watch to recoup income from Iran’s overseas oil sales owed the state-owned National Iranian Oil Company nearly $2bn”