# Iran’s oil minister resigns as economic crisis worsens

https://mins.news/en/item/86594

- The Guardian, 2026-10-05 14:16 UTC
- Economy
- Original: https://www.theguardian.com/world/2026/oct/05/iran-oil-minister-resigns-economic-crisis

> Iran’s oil minister, Mohsen Paknejad, has resigned as the country faces an 85% inflation rate, falling oil receipts, economic contraction and a sharp decline in the rial. The departure follows allegations that an intermediary trust handling overseas oil revenues owed nearly $2bn to the state-owned National Iranian Oil Company.

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