Footage and eyewitness accounts obtained by Iran International reveal severe actions by security forces during the January protests in Khorramabad, western Iran. The reports detail instances of wounded protesters being sent to the morgue and security forces unleashing gunfire on crowds, suggesting a harsh crackdown on anti-government demonstrations. The incident is part of a broader pattern of state repression during the nationwide protests of late 2025 and early 2026, which reportedly resulted in thousands of deaths and severe measures against dissent. The severe actions in Khorramabad, particularly at Shohadaye Ashayer Hospital, appear to underscore the Iranian regime’s approach of treating the unrest as an internal security threat rather than mere street protests.
Key Takeaways
Markets appear to interpret the eyewitness testimony and footage as indicative of heightened state violence, suggesting increased instability.
The severe response in Khorramabad is consistent with scenarios where the regime views protests as a significant threat to its stability.
Pricing in the “Fall of the Iranian Regime” market suggests a slight increase in perceived risk to regime stability, rising to 6.5% YES from 6% a day prior.
