Iran Rocked by Widespread Protests Over Soaring Inflation, Economic Crisis

India
C
CNBC Awaaz•04-01-2026, 08:17
Iran Rocked by Widespread Protests Over Soaring Inflation, Economic Crisis
- •Thousands of traders, shopkeepers, and students protest across Iran due to a severe economic crisis.
- •Protests, the largest in three years, are fueled by over 40% inflation, a weakening Iranian Rial, and rising living costs.
- •Violent clashes have occurred in Lorestan, Kurdistan, and Isfahan, leading to deaths and widespread arrests.
- •The crisis is exacerbated by Western sanctions and recent airstrikes, impacting ordinary citizens.
- •Government offers talks, but the deep economic distress suggests protests will continue despite suppression.
Why It Matters: Iran faces its deepest economic crisis in years, sparking widespread, violent protests across the nation.
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