Iran protests escalate amid economic crisis
World
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Moneycontrol04-01-2026, 22:37

Iran Rocked by Widespread Protests Amid Economic Crisis, Weakened Alliances, Nuclear Tensions

  • Widespread protests across Iran are fueled by a struggling economy, UN sanctions, and rising gasoline prices, challenging theocratic leadership.
  • The rial has plummeted to 1.4 million to $1, and inflation is at 40%, leading to anger that escalated from economic issues to anti-government chants.
  • Iran's "Axis of Resistance" alliances are significantly weakened, with Hamas crushed, Hezbollah leaders killed, and Bashar Assad overthrown.
  • Nuclear tensions persist as Iran previously enriched uranium near weapons-grade and reduced IAEA cooperation, despite recent signals of openness to talks.
  • US President Donald Trump warned of intervention if Iran "violently kills peaceful protesters," adding to complex US-Iran relations.

Why It Matters: Iran faces immense pressure from widespread protests, economic collapse, weakened allies, and nuclear concerns.

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