Iran Rocked by Widespread Protests Over Soaring Inflation, Economic Crisis
India
C
CNBC Awaaz04-01-2026, 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.

More like this

Loading more articles...