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Oil Minister Resignation
- A tanker was hit by an unidentified projectile in the Strait of Hormuz on Sunday, damaging its engine room but injuring no crew.
- Iran’s oil minister Mohsen Paknejad resigned and was replaced by National Iranian Oil Company chief Hamid Bovard.
- The United States has not struck Iran since September 1, shifting to economic pressure.
- Kpler data show 40 % of crude bypassed the Strait of Hormuz in September using pipelines.
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