Protests Over Economic Collapse Roil Iran as Trump Threatens Intervention, Raisi Government Struggles to Contain Currency Crisis
Iran is once again at the brink. Six days into the largest protests the country has witnessed since 2022, the Islamic Republic finds itself in a precarious domestic and geopolitical bind—grappling with mass unrest triggered by the freefall of its national currency and inflamed by a public still raw from last summer’s U.S. airstrikes on nuclear sites. The volatility is now deepening into a full-blown crisis, marked by the return of U.S. President Donald Trump to a confrontational posture and a defiant volley of warnings from Tehran’s security establishment. File Photo: Secretary of Iran's Supreme National Security Council Ali Larijani; Via: TheCradleMedia The current wave of protests erupted after the Iranian rial plunged to an all-time low of 1.4 million to the U.S. dollar, prompting the resignation of Central Bank governor Mohammad Reza Farzin. Merchants in Tehran’s historic Saadi Street and Grand Bazaar, long seen as economic and political bellwethers, shuttered shops in sy...