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Iran's President Warns Against Hoarding Amid Protests

1/8/2026

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Story summary
  • Iran's president Masoud Pezeshkian warned local suppliers against hoarding and price increases amid ongoing protests over economic difficulties.
  • He urged the government to ensure a steady supply of goods and to monitor prices closely.
  • Iran's subsidy reforms have already led to sharp price hikes for essentials such as cooking oil and eggs.
  • The development highlights the country's economic challenges and the government's response to public unrest.