Iran's Grand Bazaar Brings Violence as Nationwide Protests Enter 10th Day.
Tensions escalated at Tehran's historic Grand Bazaar on Tuesday, where security forces clashed with protesters in a violent confrontation that has left at least 35 people dead and over 1,200 arrested. The clashes marked the latest chapter in a nationwide protest movement that began over economic concerns and rising prices.
President Masoud Pezeshkian acknowledged the government's limited control over the economy, blaming sanctions for exacerbating inflation and warning that any attempt to intervene would only worsen the situation. "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."
As the economy continues to spiral out of control, the Iranian rial has plummeted to a historic low against the US dollar, losing over two-thirds of its value in the past three years. The central bank's decision to curb a programme offering a preferential exchange rate on dollars is likely to further fuel price increases and shortages for consumers.
The protests have shown no signs of slowing, with demonstrations reported at 257 locations across 88 cities nationwide. Meanwhile, authorities have been walking a delicate line between crackdowns and dialogue, while the supreme leader Ayatollah Ali Khamenei has acknowledged the legitimacy of protesters' demands, but warned against "rioters" among the demonstrators.
The US has weighed in on the situation, with Secretary of State Antony Blinken condemning the use of force by security forces against medical staff and wounded protesters. The Iranian government has faced growing international pressure over its handling of the protests, which have raised concerns about human rights abuses and the rule of law.
Tensions escalated at Tehran's historic Grand Bazaar on Tuesday, where security forces clashed with protesters in a violent confrontation that has left at least 35 people dead and over 1,200 arrested. The clashes marked the latest chapter in a nationwide protest movement that began over economic concerns and rising prices.
President Masoud Pezeshkian acknowledged the government's limited control over the economy, blaming sanctions for exacerbating inflation and warning that any attempt to intervene would only worsen the situation. "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."
As the economy continues to spiral out of control, the Iranian rial has plummeted to a historic low against the US dollar, losing over two-thirds of its value in the past three years. The central bank's decision to curb a programme offering a preferential exchange rate on dollars is likely to further fuel price increases and shortages for consumers.
The protests have shown no signs of slowing, with demonstrations reported at 257 locations across 88 cities nationwide. Meanwhile, authorities have been walking a delicate line between crackdowns and dialogue, while the supreme leader Ayatollah Ali Khamenei has acknowledged the legitimacy of protesters' demands, but warned against "rioters" among the demonstrators.
The US has weighed in on the situation, with Secretary of State Antony Blinken condemning the use of force by security forces against medical staff and wounded protesters. The Iranian government has faced growing international pressure over its handling of the protests, which have raised concerns about human rights abuses and the rule of law.