economic

Iran's Oil Minister Paknejad Resigns Amid US Blockade

| Iran Conflict

Oil Minister Mohsen Paknejad resigned under pressure from the US blockade of Iranian oil exports; NIOC CEO Hamid Bovard was named acting minister by presidential decree. The rial hit new lows and the central bank injected up to $2 billion to support it.

Iran talking peace, but unwilling to bend to Trump, US nuclear demands
Iran talking peace, but unwilling to bend to Trump, US nuclear demands — Fox News