Iran's Oil Minister Mohsen Paknejad has emphasized the country's strategic geopolitical position as a potential energy transit hub amidst ongoing global energy crises.

SHANA - National Iranian Oil Company (NIOC) CEO Ali Kardor delegated his powers as the companys CEO to his deputy for production affairs, Mohsen Paknejad, on Tuesday. Mr. Kardor wrote a letter addressing Mr. Paknejad in which he authorized the latter to sign all NIOC documents now that Kardor is retired. Considering the requirement ...