Tehran Grand Bazaar

Force in Play

As of May 2026: Merchants on strike for third consecutive day (Dec 28-30); strikes spreading to Isfahan, Kermanshah

Iran's Central Bank governor resigned December 29 after the rial collapsed to 1.42 million per dollar (a 70% drop during his tenure), triggering the largest street protests in three years. By December 30, merchants had kept Tehran's historic Grand Bazaar shuttered for three days, and crowds in Isfahan, Shiraz, Kermanshah, and Mashhad chanted 'Death to the Dictator' and 'Death to Khamenei'.

Updated May 18