Reaching back into the mists of time, December 2025 - January 2026 Iran was already reeling from the water crisis and the collapse of the currency. And then Israel and the U.S. attacked.
From Iran International, April 27:
Iran’s Supreme National Security Council has held a meeting to address growing concerns among security agencies over a possible resurgence of protests, sources familiar with the discussions told Iran International.
The meeting, chaired by Mohammad Bagher Zolghadr, was convened following internal assessments and intelligence reports warning of potential unrest in the coming days, the sources said.
According to information presented at the meeting, officials believe mounting economic hardship—driven by rising prices, unemployment, and damage to key industries such as petrochemicals and steel—could become the main trigger for renewed protests.
Security agencies reportedly presented a highly critical picture of Iran’s economy, highlighting widespread job losses linked to the shutdown of industrial units in the oil, petrochemical, and steel sectors, as well as the impact of prolonged internet disruptions.
Estimates shared during the meeting suggested that Iran’s economy may not be able to withstand more than six to eight weeks of a naval blockade. The blockade began on April 13, and around two weeks have now passed.
Another major concern raised was the near-total shutdown of production centers in key sectors, including oil, petrochemicals, and steel. According to the assessments, rebuilding these industries could take years.
Security officials also said internet shutdowns have left around 20% of the workforce dependent on online activity unemployed. They warned that, based on economic forecasts, an additional two million people could lose their jobs in the private sector by the end of spring.
In the financial sector, the closure of markets—including banks, the stock exchange, gold markets, and currency exchanges—has effectively halted economic activity, leaving real prices for goods unclear.
During the meeting, representatives of security bodies expressed particular concern over a possible call for protests by exiled Crown Prince Reza Pahlavi and the likelihood of his supporters taking to the streets.
Renewed protests inevitable
According to sources familiar with the meeting, security agencies concluded that public protests are inevitable, with the only uncertainty being the timing of their outbreak.
Calls for protests around International Workers’ Day have further heightened concerns among officials and were discussed during the council meeting.
Workers, retirees, teachers, and other wage-earning groups have repeatedly staged protests or issued statements over living conditions, delayed payments, job insecurity, and the suppression of independent labor organizations.
Ahead of International Workers’ Day, labor groups inside and outside Iran have again emphasized demands including wage increases, the release of detained labor activists, the repeal of repressive rulings, and the right to form independent unions....
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Also at Iran International:
April 29 - Iran currency plunges as dollar crosses 1.8 million in open market
April 29 - Iran taps reserves again as inflation bites and layoffs mount
And a deep dive:
Iran’s Water Crisis: Mafia or Destruction by Design?
Previously on the water mafia:
December 2025 - Iran by Slavoj Žižek: "When Communism Is the Only Option"
Possibly also of interest:
January 16 - "The Obscure Bank Collapse That Sent Iran Into a Tailspin"
April 14 - Iran's Economy Is Imploding, Central Bank Says Repairs Will Take A Decade