Iranian demonstrators gather in a street during a protest over the collapse of the currency's value, in Tehran, Iran, January 8, 2026. Stringer/WANA (West Asia News Agency) via REUTERS ATTENTION EDITORS - THIS PICTURE WAS PROVIDED BY A THIRD PARTY
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CNBC TV1813-01-2026, 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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