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What to Know About Protests in Iran as the Government Halts the Internet

Protests erupted after the rial devalued over 2,000 times in January, driving inflation to 42.5% and food prices up to 200%, with unrest causing more than 2,000 deaths.

  • On December 28th, traders in Tehran launched a strike after the rial crash, causing shortages and higher prices as the falling Iranian rial blocked profitable imports and sales.
  • Years of economic decline and soaring prices set the broader context for the strike, while UN 'snapback' sanctions and the Joint Comprehensive Plan of Action unraveling aggravated Tehran’s economic pressure.
  • In January the rial collapsed, data show, eroding traders' ability to operate as the Iranian rial devalued by more than 2,000 times, inflation hit 42.5%, and cereals and tubers surged over 200%.
  • Protests quickly escalated into nationwide unrest, claiming more than 2,000 lives as authorities intensified crackdowns amid U.S. President Donald Trump's threat and European Parliament bans, with frozen Iranian assets abroad worsening the crisis.
  • When the currency collapsed, trade tumbled in a country where trade is over 40% of GDP, China accounted for 97% of crude exports and more than 30% of imports, while oil export revenue stagnated at 40-43 billion dollars.
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  • 67% of the sources lean Left
67% Left

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The Conversation broke the news in on Tuesday, January 13, 2026.
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