Direct C−H arylation of arenes and heteroarenes to biaryls at ambient temperature has been accomplished using a phenalenyl‐supported iron(III) catalyst. The present catalyst requires a chemical reductant such as potassium and functions without any light stimulation. C−H arylation of various heteroarenes including pyridine as well as unactivated arene such as benzene delivered good to excellent yield (28 examples, up to 92 %) at room temperature. A combined effort based on experiments and theoretical calculations established that a phenalenyl‐based radical species (generated by chemical reduction of the iron(III) coordinated phenalenyl complex) plays key role during the catalysis. Furthermore, this catalyst displayed remarkable stability during the catalysis, as evident from the fact that it was still usable over ten consecutive catalytic runs without losing its catalytic efficiency.