Iran oil minister Mohsen Paknejad resigns after saying oil revenue was still flowing

Iran's oil minister's abrupt resignation, alongside reports that no crude was loaded at export terminals in September, raises near-term concerns over Iranian supply availability. Even if the disruption reflects sanctions, operational issues, or reporting gaps, the headline increases perceived geopolitical and supply risk premia in crude markets, potentially tightening prompt balances and lifting volatility in global oil benchmarks.