Politics
Iran’s government offers dialogue as protests spread to universities

Protests over Iran’s soaring cost of living spread to several universities on Tuesday, with students joining shopkeepers and bazaar merchants, semi-official media reported, as the government offered dialogue with demonstrators.
Iran’s rial currency has lost nearly half its value against the dollar in 2025, with inflation reaching 42.5% in December in a country where unrest has repeatedly flared in recent years and which is facing US sanctions and threats of Israeli strikes.
President Masoud Pezeshkian said in a social media post late on Monday that he had asked the interior minister to listen to “legitimate demands” of protesters.
Government spokesperson Fatemeh Mohajerani said a dialogue mechanism would be set up and include talks with protest leaders.
“We officially recognise the protests […] We hear their voices and we know that this originates from natural pressure arising from the pressure on people’s livelihoods,” she said on Tuesday in comments carried by state media.
Protesters March streets in Tehran
Video of protests, verified by Reuters as taking place in Tehran, showed scores of people marching along a street chanting “Rest in peace Reza Shah”, a reference to the founder of the royal dynasty ousted in the 1979 Islamic revolution.
Footage aired on Iranian state television on Monday showed people gathered in central Tehran chanting slogans.
The semi-official Fars News Agency reported that hundreds of students held protests on Tuesday at four universities in Tehran.
On social media, some Iranians voiced support for the protests with one, Soroosh Dadkhah, saying high prices and corruption had led people “to the point of explosion” and another, Masoud Ghasemi, warning of protests spreading across the country.
Iranian authorities have quashed previous bouts of unrest that have flared over issues ranging from the economy to drought, women’s rights and political freedoms, with violent security actions and widespread arrests.
The government has not said what form dialogue will take with the leaders of this week’s demonstrations, the first major protests since Israeli and US strikes on Iran in June, which prompted widespread expressions of patriotic solidarity.
Pezeshkian said in a meeting with trade unions and market activists on Tuesday that the government will do its best to resolve their issues and address their worries, according to state media.
Sanctions hammer economy
Iran’s economy has been in deep trouble for years after US sanctions were reimposed in 2018 when US President Donald Trump ended an international deal over the country’s nuclear programme during his first term in office.
United Nations sanctions on the country were reimposed in September and Reuters reported in October that several high-level meetings had been held on how to avert economic collapse, circumvent sanctions and manage public anger.
Economic disparities between ordinary Iranians and the clerical and security elite, along with economic mismanagement and state corruption — reported even by state media — have fanned discontent at a time when inflation is pushing many prices beyond the means of most people.
The currency slid to 1.4 million rials to the US dollar on Tuesday according to private exchange platforms, a record low after starting the year at 817,500 rials to the dollar.
Monthly annualised inflation figures have not dropped below 36.4% since the Iranian new year started in late March according to official figures.
On Monday the central bank chief resigned with Iranian media saying the government’s recent economic liberalisation policies had put pressure on the open-rate rial market, where ordinary Iranians buy foreign currency. Most businesses use official currency exchanges where the rial price is supported.
In 2022, Iran was buffeted by protests across the country over price hikes, including for bread, a major staple.
Over the same period and into 2023, the country’s clerical rulers faced the boldest unrest in years touched off by the death of a young Iranian Kurdish woman, Mahsa Amini, in the custody of the morality police, who enforce strict dress codes.
Iran remains under intense international pressure, with Trump saying on Monday that he might back another round of Israeli airstrikes if Tehran resumed work on ballistic missiles or any nuclear weapons programme.
The US and Israel carried out 12 days of airstrikes on Iran’s military and its nuclear installations in June aimed at stopping what they believe were efforts to develop the means to build an atomic weapon.
Iran says its nuclear energy programme is entirely peaceful and that it has not tried to build a nuclear bomb.
Politics
India let Iran warship dock the day US sank another off Sri Lanka, say officials

India has allowed an Iranian warship to dock as a humanitarian gesture, Foreign Minister Subrahmanyam Jaishankar said on Saturday, after the US sank another Iranian navy vessel off neighbouring Sri Lanka.
The Lavan docked at India’s southern port of Kochi on Wednesday, the same day the US submarine struck Iranian navy frigate Dena, after an urgent request from Tehran, an Indian government source told Reuters.
US President Donald Trump has said destroying the Iranian navy is one aim of the war he and Israel launched against the Islamic Republic a week ago.
The Lavan – an amphibious landing vessel, according to the US Naval Institute’s online news site – and two other ships “were coming in for a fleet review and then they got, in a way, caught on the wrong side of the events,” Jaishankar told the annual Raisina Dialogue event.
“I think we really approached it from the point of view of humanity, of other than whatever the legal issues were,” he said. “I think we did the right thing.”
At least 87 people were killed in the US attack on the Dena in Sri Lanka’s exclusive economic zone, 19 nautical miles off the coast, outside its maritime boundaries.
India received the docking request for the Lavan on February 28, the day the Iran war started, the source said late on Friday, adding that the request “was urgent as the vessel had developed technical issues”.
Its 183 crew members have been accommodated at naval facilities in Kochi, said the source, who asked not to be identified citing confidentiality.
The Dena was on its way back from a naval exercise organised by India, according to the drill’s website and Sri Lankan officials.
Sri Lankan authorities said on Friday that they were escorting the Iranian naval ship Booshehr to a harbour on the eastern coast and moving most of its crew to a navy camp near Colombo.
Politics
Nepal’s rapper-mayor Balendra Shah poised to become prime minister

- Shah’s popularity driven by social media and youth connection.
- RSP party’s manifesto promises job creation and economic growth.
- Final results covering 165 seats decided by direct vote expected within days.
After Nepal’s historic youth-led uprising last September killed 77 people and forced then-Prime Minister KP Sharma Oli to resign, a 35-year-old rapper-turned-politician posted a typically terse message to millions of followers on social media.
“Dear Gen Z, the resignation of your killer has come,” Balendra Shah — popularly known only as Balen — wrote. “Now your generation will have to lead the country. Be prepared.”
Five months on, the musician who cut his political teeth in 2022 when he became the mayor of the capital Kathmandu, is poised to become Nepal’s next prime minister following the country’s first election since the September uprising.
Shah’s Rastriya Swatantra Party (RSP) was leading in around 100 seats, far ahead of its main rivals, early counting trends from the election commission showed on Friday.
Final results, covering 165 seats decided by direct vote and 110 through proportional representation, are expected within days.
The Nepali Congress, currently in second place, has already conceded defeat, and analysts said the RSP’s dominant showing means it will likely form the next government.
“Balen Shah is so popular that now buses coming to Kathmandu have stickers on them saying, ‘Headed to Balen’s city'”, said Bipin Adhikari, a constitutional law expert who teaches at Kathmandu University.
If Shah is able to take power, it would cap a dramatic rise for a man who entered the public spotlight with rap music critical of the establishment and parleyed his popularity to ascend to high political office.

It would also potentially reshape the politics of Nepal, a small Himalayan nation wedged between China and India, that has long been dominated by a handful of established parties.
‘Not a cakewalk’
Some of Shah’s nationwide appeal is driven by the work he has done as the mayor of Kathmandu, where he focused on improving the urban infrastructure, such as waste management, and ensuring the delivery of services like healthcare.
He has also faced criticism, including from Human Rights Watch, for allegedly using police to seize the properties of street vendors and landless people.
Shah — who resigned as mayor in January to contest the general election — did not respond to requests for an interview and questions from Reuters sent via email.
Unlike much of Nepal’s political elite comprising veterans from older generations, Shah has made it a habit to largely shun the mainstream press.
Instead, it is his prolific social media presence, with over 3.5 million followers on platforms like Facebook, that enables him to connect directly with young Nepalis.
“What makes Balen special is that he stays connected with the youth through his short messages on social media, but it would not be a cakewalk for him after becoming prime minister,” said independent political analyst Puranjan Acharya.
‘Let me speak’
Born to a father who practiced traditional Ayurvedic medicine and a homemaker mother, Shah showed an early inclination towards poetry that evolved into a love of rap music, influenced by American artists including Tupac Shakur and Curtis “50 Cent” Jackson, according to an aide.

After securing an undergraduate degree in civil engineering in Nepal, Shah went on to study for a master’s degree in structural engineering in southern India — by which time he had already emerged as a rap star in his home country.
His songs, often taking on Nepal’s ruling class, struck a chord with many in a country where about 20% of the 30 million population live in grinding poverty.
Released in 2019, one of Shah’s best-known songs, “Balidan” — or sacrifice in the Nepali language — has over 12 million views on YouTube.
Its lyrics read:
“Let me speak, sir, it is not a crime,
Let me open the mind, I am not a curse to the palace,
My mind is not bad, it is not afraid to speak the truth.”
‘Wood attacked by termites’
Last December, Shah joined the RSP, led by former TV host-turned-politician Rabi Lamichhane, as its prime ministerial candidate.

In its manifesto, Shah’s RSP has vowed to create 1.2 million jobs and reduce forced migration, in an effort to tap into frustration over unemployment and low wages that have pushed millions of Nepalis to search for work overseas.
The party has also pledged to raise Nepal’s per capita income from $1,447 to $3,000, more than double the nation’s economy to $100 billion GDP and provide safety nets such as healthcare insurance for the entire population — all within five years.
At the national level, analysts foresee that if he is elected, much of Shah’s success will depend on the talent he surrounds himself with to overhaul a moribund administrative system, riven by corruption.
“It needs a team, experts and support,” Acharya said, “Under the existing state apparatus, he can’t perform and he will be finished like wood attacked by termites.”
Politics
India under fire after US says it ‘allowed’ Russian oil purchases

- US grants India 30-day Russian oil waiver.
- Congress says Washington dictates India’s oil choices.
- Tamil Nadu CM questions India seeking foreign approval.
KARACHI: India’s Narendra Modi-led government has come under renewed criticism from opposition parties and sections of the public after the United States said it had temporarily allowed Indian refiners to buy Russian oil stranded at sea, The News reported.
The criticism centres on a statement by US Treasury Secretary Scott Bessent, who said in a post on X early Friday that the Treasury Department was issuing a 30-day waiver to allow Indian refiners to purchase Russian oil in order to keep oil flowing into the global market.
Opposition parties argued that the move made India appear dependent on Washington’s approval. In a post on X, the Congress party said the Modi government had led the country “to a situation where the United States is now deciding where India can buy oil from and where it cannot”.
The waiver, which the US Treasury Secretary Scott Bessent said was issued to “enable oil to keep flowing into the global market,” comes under heightened tensions in the Middle East following the US-Israeli attack on Iran, sparking uncertainty around oil.
It should be noted that India had earlier said it would stop purchasing Russian oil as part of a trade deal with the US.
MK Stalin, chief minister of the southern state of Tamil Nadu, questioned why India should appear to seek approval from any foreign government to meet its energy needs.
“Equally troubling is the sinking of the unarmed Iranian warship IRIS Dena by the United States soon after it participated in the International Fleet Review 2026 naval exercise hosted by India in Visakhapatnam. When a ship that came to India as part of a multinational exercise meets such a fate, India cannot appear silent or passive,” he added.
Bessent further added, “This deliberately short-term measure will not provide significant financial benefit to the Russian government as it only authorises transactions involving oil already stranded at sea. India is an essential partner of the United States, and we fully anticipate that New Delhi will ramp up purchases of US oil. This stop-gap measure will alleviate pressure caused by Iran’s attempt to take global energy hostage.”
Journalist Rana Ayyub added with America’s permission, “we now sound like an American colony”.
India was the top buyer of Russian seaborne crude after Moscow’s 2022 Ukraine invasion, but in January its refiners started to reduce purchases under pressure from Washington. Cutting Russian oil purchases helped New Delhi avoid 25 per cent tariffs and clinch an interim trade deal with the US.
India is vulnerable to energy supply shocks, with crude stocks covering only about 25 days of demand. India receives about 40% of its oil imports from the Middle East through the Strait of Hormuz.
According to The Guardian, which quoted Reuters, a source directly involved with the matter said India had approached Trump’s administration seeking approval to buy Russian crude imports because of the Iran conflict.
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