Iran Protests: Basmati Rice Prices Drop Amidst Unrest, Regime Change Demands

World
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CNBC TV18•13-01-2026, 19:41
Iran Protests: Basmati Rice Prices Drop Amidst Unrest, Regime Change Demands
- •Iran faces its largest protests in two decades, now in their third week, demanding government ouster.
- •Protests began in Tehran's bazaar due to a sudden fall in the rial and rampant inflation.
- •Demands escalated from economic revival to regime change, with calls for "death to Khamenei" across all 31 provinces.
- •Government authorities have shut down the internet and reportedly killed at least 500 protesters.
- •Indian basmati rice prices have dropped as Iran, a top export destination, is affected by the unrest.
Why It Matters: Widespread protests in Iran, fueled by economic woes and calls for regime change, are impacting global trade.
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