Iranian Oil Minister Steps Down
Official Iranian media announced the resignation of Oil Minister Mohsen Bak Nerad, which was approved by Iranian President Masoud Besheskyan. The sources did not disclose the reasons for the resignation, and Hamid Bureyd, the CEO of the National Oil Company, was appointed as acting Minister of Oil. The Iranian Parliament had previously appointed Bak Nerad as Oil Minister in August 2024.
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