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Impeached economy minister to head Iran oil firm

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AFP Tehran
Last Updated : Nov 19 2018 | 2:55 PM IST

Iran's former economy minister, impeached less than three months ago, will head the national oil company as it works to evade renewed US sanctions, local media reported Monday.

Masoud Karbasian, 67, was impeached by parliament on August 26 after only a year in the job, over his handling of the country's economic downturn.

In a short statement run by the state-run Iran newspaper Monday, he vowed to "use four decades of experience... to overcome the sanctions crisis."

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First Published: Nov 19 2018 | 2:55 PM IST

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