The teargas that wafted over parts of Tehran on Wednesday might have been taken as the smell of victory for gung-ho advocates of the U.S. sanctions strategy against Iran — had any been there to catch a whiff. The gas was fired by riot police to disperse crowds gathered for a rare demonstration against the regime, driven to act by the precipitous collapse in the value of their currency, the rial, and against the authorities’ efforts to prevent them from converting savings into foreign currencies in order to preserve their value.
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