Iran Erupts: 29 Dead Amid Inflation Protests, Trump Warns of US Action

India
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CNBC Awaaz•06-01-2026, 16:21
Iran Erupts: 29 Dead Amid Inflation Protests, Trump Warns of US Action
- •Protests began December 28 in Tehran over inflation and economic hardship, quickly spreading to over 250 locations across 27 provinces.
- •The situation turned violent, resulting in at least 29 deaths and over 1,200 detentions, with widespread arson and clashes.
- •Economic crisis, US sanctions, weak currency (rial at 1.45M/USD), and 42.5% inflation fueled public anger.
- •Protests evolved into political demands, with slogans against Supreme Leader Ayatollah Ali Khamenei, who adopted a tough stance.
- •US President Donald Trump warned of intervention if protesters are attacked, citing Venezuela, while Iran's President Masoud Pezeshkian offered dialogue and relief.
Why It Matters: Iran faces escalating protests fueled by economic woes and political discontent, intensified by US warnings.
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