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Currency Collapse & Royal Chants. Tehran is burning with a new kind of protest. Here are 5 facts about the Iran Bazaar Strikes.

1. The Currency Crisis

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The Iranian Rial hit a record low of 1.44 million per US Dollar on December 28, 2025, effectively destroying the savings of millions overnight and triggering immediate unrest.

2. The Bazaar Strikes

The Grand Bazaar, historically the backbone of the regime, has shut down. Merchants (bazaaris) who once funded the 1979 revolution are now striking against the Islamic Republic.

3. The “Pahlavi” Chants

Unlike previous protests, crowds are explicitly chanting “Pahlavi Will Return,” calling for the restoration of the monarchy and the return of exiled Crown Prince Reza Pahlavi.

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4. The Shift in Demands

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While 2022’s protests focused on social freedom (“Woman, Life, Freedom”), this 2025 wave is focused on regime change and economic survival, making it a more direct threat to the state’s existence.

5. The Media Blackout

Western media coverage has been sparse, focusing on “inflation” while ignoring the pro-monarchy slogans. Citizen journalists on X and Reddit are the primary source of real-time footage.

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