Thursday, Jan 15, 2026

Indo Arab News

Protests erupted on Sunday when traders at Tehran’s Grand Bazaar staged a strike following a record slump in the Iranian rial against the dollar.

Published on: December 31, 2025

Edited on: December 31, 2025

APTOPIX Iran Protest

Rep Image courtesy: AP Photo

Iran: Protests and strikes driven by soaring inflation and the sharp fall of Iran’s currency have spread beyond Tehran to several cities, entering a third day of unrest.

The demonstrations began on Sunday after shopkeepers at Tehran’s Grand Bazaar went on strike when the Iranian rial plunged to a record low against the US dollar on the open market. The unrest has since widened, with verified videos showing protests in cities including Karaj, Hamedan, Qeshm, Malard, Isfahan, Kermanshah, Shiraz, and Yazd.

Footage also showed police using tear gas to disperse demonstrators in some areas as crowds gathered in markets and public spaces. The government acknowledged the protests, saying it would listen patiently even in the face of harsh criticism. President Masoud Pezeshkian said he had instructed the interior minister to hold talks with representatives of the protesters to address their grievances and seek solutions.

In a significant move, Pezeshkian accepted the resignation of central bank governor Mohammadreza Farzin and appointed former economy and Finance Minister Abdolnasser Hemmati as his replacement, signalling concern over the worsening economic situation.

University students have joined the demonstrations, chanting anti-government slogans that directly criticised Iran’s leadership. Some protesters were also heard voicing support for the former monarchy, calling for the return of the Shah’s family, which ruled Iran until the 1979 Islamic Revolution.

Reza Pahlavi, the son of the late Shah Mohammad Reza Pahlavi and now living in exile in the United States, expressed solidarity with the protesters, saying Iran’s economic crisis would persist as long as the current system remained in power.

The protests have drawn international attention. The US State Department’s Persian-language account voiced support for demonstrators, praising their courage and calling for dignity and a better future after years of economic mismanagement.

Iran was also a key topic during talks between US President Donald Trump and Israeli Prime Minister Benjamin Netanyahu in Florida. Trump pointed to Iran’s economic troubles and public dissatisfaction but stopped short of openly backing regime change. He warned that further military action could follow if Iran rebuilt its missile or nuclear programmes.

Iran insists its nuclear activities are peaceful. During a brief but intense conflict with Israel in June, the United States carried out air strikes on Iranian uranium enrichment sites.

President Pezeshkian warned on Tuesday that Iran would respond forcefully to any external aggression. Meanwhile, Supreme Leader Ayatollah Ali Khamenei has accused Israel of hoping that wartime pressure would trigger mass protests capable of destabilising the country, a claim he said failed to materialise.

TRENDING | A Little Miracle: Baby Reignites Life in Remote Italian Hamlet

News Desk

The above news/article was published by a News Bureau member at indoarabnews who sourced, compiled, and corroborated this content. For any queries or complaints on the published material, please get in touch through WhatsApp on +971506012456 or via Mail(at)IndoArabNews(dot)com

Fresh news

Indo Arab News uses cookies to enhance your experience. By using this portal, you confirm that you have read and agreed to our Privacy Policy and Terms of Service. If you have concerns about privacy or security, please don’t use this website.

Privacy Policy | Terms of Service