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Iran economy hits rock bottom amid protests

02:26

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January 15, 2026

Hyperinflation has destroyed the country's currency and Iranians can no longer afford basic goods and services. Protests in the streets have escalated and thousands are feared dead.

Iran is facing its most severe economic crises in decades, fueling nationwide protests that are thought to have already claimed thoussands of lives. Soaring inflation, collapsing purchasing power and the near‑worthless rial have pushed many Iranians into the streets, demanding accountability from the authorities. Experts warn that US sanctions, shrinking oil revenues and a dramatic currency crash are deepening the turmoil, while businesses struggle to operate. As political pressure mounts, international reactions — including new US tariffs— add further uncertainty to an already volatile situation.

This video summary was created by AI from the original DW script. It was edited by a journalist before publication.

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