Thursday, February 19, 2026
17.1 C
New Delhi

Currency collapse and soaring inflation: Iran protests turn deadly — 10 things to know

Currency collapse and soaring inflation: Iran protests turn deadly — 10 things to know

Photo credit: AP, ANI

At least seven people, including protesters and security personnel, have been killed as Iran faces widening protests over its ailing economy, authorities said. The demonstrations, the biggest in the country since 2022, entered the fifth day on Thursday spreading from Tehran to several rural provinces amid soaring inflation, record currency collapse, and growing civil disobedience, reported AP.

Iran Explodes Against Khamenei: Streets On Fire, Anti-Govt Protests Turn Deadly Amid Inflation Fury

The protests began on Sunday in Tehran’s major bazaars after the rial plunged to record lows, sharply increasing prices and living costs. By Tuesday, unrest spread to students and residents in multiple cities, including Shiraz, Isfahan, Kermanshah, and Fasa. Videos showed protesters chanting slogans like “Death to the Dictator” and “Death to Khamenei” while clashing with security forces. According to the NY Post, additional footage from MEK shows crowds across Iran chanting slogans such as “Death to Khamenei!” and “Shame on you, shame on you!” as protests, particularly led by bazaar merchants in Tehran, continue to spread nationwide.

Canva cards (2)

Iran Protests- Timeline

President Masoud Pezeshkian acknowledged public anger and promised to listen to the “legitimate demands” of protesters, while warning against attempts to create instability. Authorities also made economic and security adjustments, appointing a new central bank chief and tightening security around universities.The current wave of unrest is the largest since the 2022 protests following Mahsa Amini’s death in police custody, highlighting broader public frustration over inflation, unemployment, water shortages, and governance issues.

10 things to know:

  • Seven killed in two days: Authorities and rights groups reported seven deaths over Wednesday and Thursday, including both demonstrators and members of Iran’s security forces. At least one death occurred in clashes, state media said, as the government tried to quell unrest fueled by financial woes.
  • Protests spread beyond Tehran: Demonstrations, initially concentrated in Tehran, have widened to several provinces, including areas with significant Lur populations. The geographic spread has raised concerns of a tougher security response.
  • Azna emerges as violence hotspot: Clashes were most intense in Azna, Lorestan province, where online videos showed fires burning and gunfire echoing through the streets. Semiofficial Fars news agency reported three deaths there.
  • Fatal shootings in Lordegan: In Lordegan, Chaharmahal and Bakhtiari province, videos showed protesters amid gunfire. Fars reported two deaths, while a US-based rights group identified them as demonstrators.
  • Death in Fuladshahr: State media reported the death of a man in Fuladshahr, Isfahan province, which activist groups attributed to police opening fire on protesters.
  • Basij volunteer killed in Kouhdasht: A 21-year-old volunteer from the Revolutionary Guard’s Basij force died during protests in Kouhdasht, Lorestan. Authorities blamed demonstrators and reported 13 Basij members and police injured.
  • Economic crisis drives unrest: Protests are fueled by inflation, currency depreciation, and rising living costs. The rial has sharply fallen, with $1 now costing around 1.4 million rials. CNN reported shopkeepers, bazaar merchants, and students protesting unaffordable rent and essentials.
  • Government-ordered shutdowns: Iran’s unrest entered its fourth day on Wednesday as authorities declared a sudden public holiday across 21 of 31 provinces, shutting markets, universities, and offices. The move was seen as an attempt to curb protest spread, AFP reported.
  • Leadership under pressure: CNN noted that Iran’s 86-year-old Supreme Leader Ayatollah Ali Khamenei faces overlapping crises, including economic collapse, water shortages, civil disobedience, and a weakened military. Analysts say he is avoiding major decisions as options carry significant risks.
  • Security crackdown and arrests: Authorities said at least 20 people were arrested in Kouhdasht. State TV reported seven more arrests and the seizure of 100 smuggled pistols. Media coverage remains limited, as journalists face arrest for protest reporting, a pattern continuing since the 2022 unrest.

With inputs from AP

Go to Source

Hot this week

Pakistan Announces Shehbaz Sharif’s US Visit; Typo Sparks Online Frenzy

The release referred to Pakistan PM Shehbaz Sharif’s visit to the United States of America at the invitation of Donald Trump to attend the inaugural session of the Board of Peace. Read More

‘Does He Deserve This Honour’: Netizens Slam Trump’s Move To Name US Airports After Himself

The reactions came after trademark filings by Trump Organization sought to secure exclusive rights to names such as “Donald J. Trump International Airport”. Read More

Kriti Sanon Smoothly Switches Fashion Lingo: 8 Of Her Groundbreaking Style Statements

We take a look at some of actor Kriti Sanon’s fashion choices and breakdown some of her most brazen choices. Read More

Sensex Over 100 Points Up, Nifty Opens Near 25,840 As Share Markets Remain Optimistic

Indian equity markets look set for a firm start on Thursday, extending their recent recovery momentum after benchmark indices logged gains for the third consecutive session in the previous trade. Read More

Bill Gates To Not Speak At AI Impact Summit Amid Epstein Files Row

Show Quick Read Key points generated by AI, verified by newsroom Bill Gates will no longer deliver the keynote address at the India AI Impact Summit, his philanthropic organisation confirmed on Wednesday. Read More

Topics

Pakistan Announces Shehbaz Sharif’s US Visit; Typo Sparks Online Frenzy

The release referred to Pakistan PM Shehbaz Sharif’s visit to the United States of America at the invitation of Donald Trump to attend the inaugural session of the Board of Peace. Read More

‘Does He Deserve This Honour’: Netizens Slam Trump’s Move To Name US Airports After Himself

The reactions came after trademark filings by Trump Organization sought to secure exclusive rights to names such as “Donald J. Trump International Airport”. Read More

Kriti Sanon Smoothly Switches Fashion Lingo: 8 Of Her Groundbreaking Style Statements

We take a look at some of actor Kriti Sanon’s fashion choices and breakdown some of her most brazen choices. Read More

Sensex Over 100 Points Up, Nifty Opens Near 25,840 As Share Markets Remain Optimistic

Indian equity markets look set for a firm start on Thursday, extending their recent recovery momentum after benchmark indices logged gains for the third consecutive session in the previous trade. Read More

Bill Gates To Not Speak At AI Impact Summit Amid Epstein Files Row

Show Quick Read Key points generated by AI, verified by newsroom Bill Gates will no longer deliver the keynote address at the India AI Impact Summit, his philanthropic organisation confirmed on Wednesday. Read More

Who is Neha Singh, Galgotias University professor at centre of robodog row?

Neha Singh prided herself on her ability to connect, inspire, and elevate others through her command of language. Read More

‘Not Islamabad Or New Delhi…’: MAGA Activist Sparks Row Over Hanuman Statue In Texas

The community members associated with the temple said the monument reflects the religious identity of Hindu Americans in the region. Read More

‘Remain committed to work in India’: Why Bill Gates opted out of AI Summit — what his foundation said

NEW DELHI: Microsoft founder Bill Gates on Thursday pulled out of delivering his keynote address at the AI Impact Summit to ensure that the focus remains on the event. Read More

Related Articles