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News · Commodity · Iran

Mohsen Paknejad Resigns as Oil Minister, Hamid Bord Named Caretaker

5 October 2026 · 2 days ago

On Sunday, October 4, 2026 (12 Mehr 1405), the Iranian president's communications deputy announced that the president had accepted the resignation of Oil Minister Mohsen Paknejad. According to Mehr News Agency, citing the presidential website, the president issued a separate decree the same day appointing Hamid Bord as caretaker oil minister. The text of the decree, published on the government's information portal, gave no specific reason for Paknejad's resignation and instructed Bord to carry out his duties within the constitution and the Seventh Development Plan.

Source:Mehr News Agency, citing the Presidential WebsiteThe source text

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