Tear gas fired at Tehran bazaar as Iran reels from nationwide economic protests
World
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Moneycontrol07-01-2026, 11:51

Iran Erupts: Tear Gas, Deaths as Protests Over Economic Hardship Grip Nation

  • Security forces fired tear gas at Tehran's Grand Bazaar to disperse demonstrators protesting rising cost of living.
  • Unrest, most significant in three years, has led to at least 36 deaths and over 2,000 arrests; 5 minors among casualties.
  • Protests triggered by economic hardship, including Iranian rial's record low against US dollar; merchants staged sit-in.
  • Exiled Crown Prince Reza Pahlavi called for unified chanting on January 8-9; clashes spread to western Iran, including Abdanan and Ilam.
  • Government announced subsidies but warned "rioters"; US condemned actions, Trump commented on potential intervention.

Why It Matters: Iran faces escalating unrest, violence, and a rising death toll amid severe economic hardship.

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