Robert Besser
15 May 2022, 15:49 GMT+10
TEHRAN, Iran: Iran has abruptly raised prices as much as 300 percent for a variety of staple foods, including cooking oil, chicken, eggs and milk.
In the hours before the price hike took effect, many Iranians waited in long lines to buy food and emptied supermarket shelves across the country.
Also last week, Iran's currency dropped to a low of 300,000 rial to the dollar.
Internet disruptions have been reported across Iran, as the government braced for possible unrest, advocacy group NetBlocks.org said.
Across the Middle East, food prices surged due to global supply chain issues and Russia's invasion of Ukraine, which both export many essentials items.
Drought is also ravaging Iran's economy, along with Western sanctions over Iran's nuclear deal.
With inflation soaring to nearly 40 percent, the highest level since 1994, youth unemployment has also remained high. Iran's Statistics Center reported some 30 percent of Iranian households are living below the poverty line.
Iranian President Ebrahim Raisi has promised to create jobs, lift sanctions and rescue the economy, but talks to revive the nuclear deal with world powers remain deadlocked.
As Iranians complain about the rising prices of flour, the top trending hashtag on Twitter in recent weeks has been #macaroni.
As she browsed a supermarket in Tehran, Mina Tehrani, a mother of three, told the Associated Press, "I am sure the government does not care about average people."
Tehran resident Hassan Shahbazzadeh also complained that Iranians had forgone meat or dairy to save money, and now have nothing left to cut.
"Now, even macaroni is taken off their dining tables," he said.
As online outrage over rising inflation increases, Iranian authorities appear to be bracing for the worst.
Last week, Article 19, a global research organization that fights censorship, reported that authorities have shut down almost all internet connectivity in cities across Khuzestan province.
Recent videos have appeared on social media of Iranians gathering in the streets of southern Khuzestan, chanting slogans against price hikes and against the country's leaders.
"The issue of high prices is security-related. People cannot tolerate it anymore," lawmaker Majid Nasserinejad was reported to have warned.
Get a daily dose of Houston Mirror news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Houston Mirror.
More InformationWARSAW, Poland: As Poland's main interest rate remains at its highest level since 2008, boosting the profits of Polish banks, ...
SYDNEY, NSW, Australia - Stocks across Asia lost ground on Wednesday, although the New Zealand market defied the regional trend ...
LONDON, England: After EasyJet canceled thousands of flights this summer to limit the disruption caused to passengers from both air ...
DETROIT, Michigan, global shortage of computer chips, vehicles, Detroit automaker, General Motors, GM's total salesDETROIT, Michigan: The global shortage of ...
NEW YORK, New York - U.S. stocks gyrated on Tuesday, with major indices tumbling more than two percent before regaining ...
NEW DELHI, India: To combat worsening pollution, India, the world's second most populous country, has banned single-use plastic items, ranging ...
PARIS, France: According to projections and interviews by the Associated Press in 11 countries, tourism officials have said they expect ...
TRENTO, Italy: Record warm temperatures caused a mountain glacier in the Italian Alps to collapse on July 3, killing at ...
WASHINGTON D.C.: The Department of Homeland Security (DHS) will assist Qatar with security during the 2022 World Cup, which begins ...
PARIS, France: Signaling further disruptions for summer travelers, workers at Roissy-Charles de Gaulle Airport said they would go on strike ...
SOFIA, Bulgaria: Russian diplomats and their families departed Bulgaria over the weekend, amidst heightened tensions between the two eastern European ...
JOHANNESBURG, South Africa: More frequent power cuts in South Africa have affected households and businesses across the country, with state-owned ...