Protesters at Tehran's Grand Bazaar clash with security forces in violent standoff as economic crisis deepens.
Iran's nationwide protest movement has entered its 10th day, with demonstrators demanding action on the country's spiralling inflation and a struggling economy. The protests, which began over rising prices and the state of the economy, have shown no signs of slowing down, with demonstrations reported in at least 257 locations across the country.
Security forces responded to the protests with force, firing tear gas and expelling demonstrators from the Grand Bazaar, a historic hub for activism since the 1979 revolution. The clashes have resulted in at least 35 fatalities and over 1,200 arrests, according to US-based Human Rights Activists news agency (HRNA).
Iran's President Masoud Pezeshkian acknowledged the economic situation was out of his control, warning that any attempt to intervene could worsen inflation. "The government basically does not have such power," he said. "Even if it wants to do this, it will be forced to put heavy pressure on the lower deciles of society by printing money."
The Iranian rial has plummeted to a historic low against the US dollar, with its value dropping by two-thirds in the past three years. The country's central bank has announced plans to curb a programme that gives preferential exchange rates to businesses using dollars, a move likely to further exacerbate shortages and price increases.
As prices rise, Iranian grocery stores are struggling to keep up with demand, with some goods becoming unavailability due to traders hoarding products in anticipation of inflation. The average price of a bottle of cooking oil has recently doubled, while other essential items remain scarce.
The US State Department has condemned the security forces' actions, labelling them a "clear crime against humanity". Iran's Supreme Leader Ayatollah Ali Khamenei has acknowledged the legitimacy of protesters' demands but warned that rioters should be brought to justice. The Venezuelan president, NicolΓ‘s Maduro, was recently captured and brought to New York by US forces, drawing criticism from top Iranian officials who are wary of US intervention.
Iran's nationwide protest movement has entered its 10th day, with demonstrators demanding action on the country's spiralling inflation and a struggling economy. The protests, which began over rising prices and the state of the economy, have shown no signs of slowing down, with demonstrations reported in at least 257 locations across the country.
Security forces responded to the protests with force, firing tear gas and expelling demonstrators from the Grand Bazaar, a historic hub for activism since the 1979 revolution. The clashes have resulted in at least 35 fatalities and over 1,200 arrests, according to US-based Human Rights Activists news agency (HRNA).
Iran's President Masoud Pezeshkian acknowledged the economic situation was out of his control, warning that any attempt to intervene could worsen inflation. "The government basically does not have such power," he said. "Even if it wants to do this, it will be forced to put heavy pressure on the lower deciles of society by printing money."
The Iranian rial has plummeted to a historic low against the US dollar, with its value dropping by two-thirds in the past three years. The country's central bank has announced plans to curb a programme that gives preferential exchange rates to businesses using dollars, a move likely to further exacerbate shortages and price increases.
As prices rise, Iranian grocery stores are struggling to keep up with demand, with some goods becoming unavailability due to traders hoarding products in anticipation of inflation. The average price of a bottle of cooking oil has recently doubled, while other essential items remain scarce.
The US State Department has condemned the security forces' actions, labelling them a "clear crime against humanity". Iran's Supreme Leader Ayatollah Ali Khamenei has acknowledged the legitimacy of protesters' demands but warned that rioters should be brought to justice. The Venezuelan president, NicolΓ‘s Maduro, was recently captured and brought to New York by US forces, drawing criticism from top Iranian officials who are wary of US intervention.