Iranian workers’ protests continue as economy in crisis

World Socialist Web 7 December 2025

The crisis hitting the Iranian economy continues to escalate, with the currency exchange reaching $1 to Rials 1.2 million by midweek. According to reports from Tehran, prices for essential food items tripled overnight. Workers are responding with ongoing protests.

Sunday saw workers at the Madkoush Steel Company in Bandar Abbas walk out over months of unpaid wages. The same day, workers at the ISOICO Shipbuilding complex in Hormozgan refused to work and gathered to protest non-payment of wages and insurance contributions.

In Shush, Sunday marked the second day of protests by Middle East Sugar Factory workers, who are not being paid the rate for the job. They also demanded the reinstatement of previously sacked colleagues.

The crisis hitting the Iranian economy continues to escalate, with the currency exchange reaching $1 to Rials 1.2 million by midweek. According to reports from Tehran, prices for essential food items tripled overnight. Workers are responding with ongoing protests.

Sunday saw workers at the Madkoush Steel Company in Bandar Abbas walk out over months of unpaid wages. The same day, workers at the ISOICO Shipbuilding complex in Hormozgan refused to work and gathered to protest non-payment of wages and insurance contributions.

In Shush, Sunday marked the second day of protests by Middle East Sugar Factory workers, who are not being paid the rate for the job. They also demanded the reinstatement of previously sacked colleagues.

Social Security and Steel industry retirees held rallies in the cities of Ahvaz, Isfahan, Kermanshah, Shush and Tehran protesting their inadequate pensions.

Tehran also saw a protest by victims of the “King Money” cryptocurrency scam, involving around 4,000 plaintiffs left out of pocket by around £198 million.

In Ahvaz, students at Chamran University’s Hoveyzeh campus protested over the inedible nature of dormitory meals.

The unfolding collapse of the Iranian economy is being exacerbated by US and NATO sanctions aimed at Iran’s destabilisation in preparation for trade and military war against China.
https://www.wsws.org/en/articles/2025/12/04/xglo-d04.html

Back




© Copyright BRICS From Below