More than 2,500 people have been killed and over 16,000 arrested in Iran since late December 2025, according to the human rights group HRANA. The unrest erupted amid a sharp depreciation of the national currency, the rial, and a dramatic 72 percent year-on-year increase in food prices, which has pushed millions of Iranians into acute economic hardship. Within just two weeks, protests initially focused on economic grievances evolved into widespread calls for the overthrow of the regime, marking the Islamic Republic’s most severe crisis since the 1979 revolution that toppled the Shah.
The post Iran’s financial pyramid unravels, plunging the country into a historic crisis first appeared on The South Caucasus News – SouthCaucasusNews.com.
