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Bessent said the U.S. economic campaign against Iran is delivering results. He pointed to the free-fall of the value of the Iran's national currency, the rial, and the disruption in the transfer of crude oil over the past month.
DUBAI, Oct 4 (Reuters) - Iran's Oil Minister Mohsen Paknejad has resigned for personal reasons, and Hamid Bovard, chief executive of the government-owned National Iranian Oil Company, will be acting minister, state media said on Sunday. Mohsen Paknejad, oil minister of the OPEC member country since August 2024,…
Departure comes amid large drop in oil receipts, rampant inflation and shrinking economy