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Top Iranian official to be named OPEC head

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A senior commander of Iran’s revolutionary guards, who is subject to comprehensive international sanctions, has been nominated as the country’s oil minister, a position that currently includes the presidency of Opec.

Mahmoud Ahmadinejad, the Iranian president, sent a list of four ministers, including Rostam Ghasemi, commander of the revolutionary guards’ Khatam al-Anbia military and industrial base, to the parliament for approval, the semi-official Fars news agency reported.

Should the parliament confirm Ghasemi’s nomination next week, the commander, who is targeted by US, EU and Australian sanctions, will be automatically appointed as head of Opec, giving the revolutionary guards access to an influential international platform.

Full story: Iran revolutionary guards’ commander set to become president of Opec