February 26, 2019
Iran’s stock market dropped around 2,000 points on Tuesday on news that Foreign Minister Mohammad Javad Zarif had announced his resignation, the Islamic Republic News Agency (IRNA) reported.
Zarif announced his resignation in an Instagram post on Monday but President Hassan Rouhani did not confirm that he had accepted the resignation.
Javad Zarif played the lead role in striking the deal under which Iran agreed to curbs on its nuclear program in return for the lifting of international financial sanctions.
He came under attack from anti-Western hardliners in Iran after the United States pulled out of the agreement last May and reimposed sanctions. A spokesman for the Iranian mission to the United Nations, Alireza Miryousefi, confirmed the announcement of the resignation.