Mohsen Paknejad

Money Moves

As of October 2026: Resigned Oct. 5 after reports an intermediary trust selling Iranian oil abroad owed the state millions in export receipts

Iran's economy contracted 10.1 percent in the three months ending June 20. In September the country loaded no crude oil onto tankers for the first time since at least 2013, per energy-intelligence firm Kpler. The rial hovers near 2.5 million to the dollar.

Updated Oct 9